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

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

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

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

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

The automaker-backed charging network is scaling up, with plans for 30,000 chargers and Amazon-powered convenience stores.

Toyota might see all the pieces fall into place at exactly the right time. Last year, EV sales in the United States reached a new record and they’re expected to reach new heights in 2025.

Even with over a decade of government help, EVs make up around 9% of all new car sales. And most of these are sold to well-heeled consumers (and government fleets). Electric vehicles are status ...

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There’s no shortage of expensive electric SUVs, but BYD is determined the upcoming Sealion 7 won’t be one of them when it hits the market early in 2025.