The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...

The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.

Toyota is making a bold gambit to succeed in the Chinese market, where peers such as Volkswagen, Nissan and General Motors ...

Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...

Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...

Toyota Motor Corporation ... Industry data shows Lexus sold over 180,000 vehicles in China last year – making it the brand’s second largest market globally after the US.

Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges - Toyota is developing and ...

Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for a fifth ...

Toyota retained its top spot in 2024, selling 10.8M vehicles despite a 3.7% drop, with hybrid sales surging amid challenges ...

China is the world’s largest BEV market, with domestic sales estimated at around 6.7 million units and a further 1 million ...

Toyota's sales in China are slumping as it faces brutal competition ... to produce 100,000 electric vehicles a year for the Lexus brand from 2027. The facility will see it join Tesla as part ...