The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...
Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai ...
China is the world’s largest BEV market, with domestic sales estimated at around 6.7 million units and a further 1 million ...
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs ...
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...
After six years, the 5th-gen RAV4 is making way for a "new" model, though it might not be as fresh as Toyota would like you ...
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China's EVs vs Japan's hybrids
China’s carmakers are building and exporting electric vehicles at such a rate that it threatens to not only disrupt Japan’s ...
Toyota's Q3 results show strong sales growth, with plans for BEV and battery development in the U.S. and China to accelerate ...
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...