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 is making a bold gambit to succeed in the Chinese market, where peers such as Volkswagen, Nissan and General Motors ...
The automaker sold 10.8 million vehicles globally last year, retaining its position as the world’s top-selling carmaker ...
Toyota Motor Corp. group sold more cars than any other automaker for the fifth consecutive year in 2024 while China's ...
Toyota blamed domestic recalls of its Prius hybrid, as well as suspended production ... which once dominated China’s car sector, are now reporting major declines in China sales.
After six years, the 5th-gen RAV4 is making way for a "new" model, though it might not be as fresh as Toyota would like you ...
The moves highlight Toyota’s aggressive push in electric cars, a sector where some critics have said it has fallen behind rivals like Tesla and BYD at a time when the Chinese EV market is ...
Toyota retained its top spot in 2024, selling 10.8M vehicles despite a 3.7% drop, with hybrid sales surging amid challenges ...
Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for a fifth ...
The new factory marks a change in strategy for Toyota, which currently sells cars in China through joint ventures ... but raising concerns that the hybrid boom that has fuelled Toyota's recent ...