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 ...
scmp.com5d
Shanghai aims to reclaim China’s carmaking crown with 100,000-unit Toyota plant
Shanghai has taken a big step towards reclaiming the title as the country’s largest vehicle production hub following Toyota ... flying car takes to the air for test run in northern China ...
The Financial Times7d
Toyota raises profit forecast and aims to double down on China
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Toyota will become the third car manufacturer to have a fully owned battery or electric vehicle factory in ...
Business Insider6d
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 ...