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 ...

Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...

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 ...

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...

Toyota is dealing with intense competition from Chinese brands, including BYD (002594.SZ), opens new tab, in Europe, South ...

China is the world’s largest and most competitive ... scandal that included several other Japanese automakers. Yet Toyota’s hybrid sales remained strong, making up 42% of Toyota and Lexus ...

Toyota's sales in China are slumping as it faces brutal competition ... of world's largest automaker but raising concerns that the hybrid boom that has fuelled Toyota's recent growth may be ...