Toyota unveils a plan to become ‘more loved’ in China by taking a page out of Tesla’s playbook: A wholly-owned Shanghai EV plant
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
Toyota to build new Lexus EV plant in Shanghai
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
Toyota stock climbs on guidance boost, new China EV unit
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...
electrive5h
Toyota to set up fully owned Lexus factory in China
Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...
Toyota announces Lexus EV plant in Shanghai
Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its ...
Why Toyota Motor Rallied Today
Shares of Toyota Motor (NYSE: TM) rallied 4.8% on Wednesday as of 2:23 p.m. ET. Toyota is the largest automaker in the world, ...
Toyota To Open New EV Production Facility In Shanghai
Toyota's partnership with Shanghai aims to support carbon neutrality, focusing on green tech like hydrogen energy and ...
EconoTimes16h
Toyota to Launch Lexus EV Production in Shanghai by 2027
Toyota Motor (NYSE: TM) is set to establish a wholly owned company in Shanghai to develop and manufacture electric vehicles ...
Electrek7h
Toyota’s first EV battery plant in the US is ready for business, but there’s more
After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to ...
Toyota sells 10.8M vehicles in 2024, keeps global sales crown for fifth year
Toyota retained its top spot in 2024, selling 10.8M vehicles despite a 3.7% drop, with hybrid sales surging amid challenges ...
Toyota is following Elon Musk's lead as it tries to turn things around in China
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...