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

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

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

The Japanese automaker will operate a plant in China for the first time without a local partner, and it will build Lexus EVs ...

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

Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a ...

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 has given a date, or at least a month, for opening its $14 billion battery plant south of Greensboro: April.

Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion. China overtook Japan ...

Toyota's Q3 results show strong sales growth, with plans for BEV and battery development in the U.S. and China to accelerate ...

China is the world’s largest BEV market, with domestic sales estimated at around 6.7 million units and a further 1 million exported to world markets. Toyota’s hopes the new Lexus plant will he ...