Toyota Boosts Earnings Guidance, to Set Up China EV Unit
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
Toyota to set up wholly owned EV, battery unit in China
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...
ABC News7d
Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
Toyota is developing and making electric vehicles and EV batteries in China under a new partnership ... Toyota’s aggressive push in electric cars, a sector where some critics have said it ...
The Financial Times7d
Toyota raises profit forecast and aims to double down on China
The investment in China comes as investors and analysts give increasing scrutiny to Toyota ... was made due to efforts to improve product competitiveness, lower discounts on its cars and ...
Yahoo Finance7d
Toyota is following Elon Musk's lead as it tries to turn things around in China
The new factory marks a change in strategy for Toyota, which currently sells cars in China through joint ventures with local firms FAW and GAC. The world's largest automaker has struggled in China ...
Wall Street Journal7d
Toyota Boosts Earnings Guidance, to Set Up China EV Unit
Toyota 72030.04%increase ... third-quarter net profit and said it will establish an electric-vehicle unit in China, seeking to shore up its operations in the world’s largest auto market.
The Independent7d
Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
The moves highlight Toyota’s aggressive push in electric cars, a sector where some critics ... Trump imposed tariffs on Chinese goods and China retaliated with tariffs to take effect next ...