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TORONTO (Reuters) - Toyota Motor Co will build its first electric vehicle produced outside Japan in the Canadian province of Ontario as part of a multimillion-dollar public-private project announced in July.

The automaker will build the vehicle -- an electric version of the RAV4 SUV -- at its plant in Woodstock, Ontario, the Canadian government said in a release on Friday.

Toyota plans to invest as much as C$545 million ($558 million) in the overall project. Known as Operation Green Light, the plan includes upgrades at other Toyota plants in Ontario, the country's industrial heartland.

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