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, the world's leading carmaker by sales, has made a bold move to establish a wholly owned subsidiary in Shanghai to ...
Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...
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 ...
Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for a fifth ...