Toyota has received more than its share of criticism for the measured approach it’s taken to electric vehicles. While rival ...

Toyota Motor (NYSE: TM) is set to establish a wholly owned company in Shanghai to develop and manufacture electric vehicles (EVs) and batteries for its Lexus brand, with production slated to begin in ...

In a statement, Toyota said the unit would develop a new Lexus EV and that initial production capacity would be about 100,000 units a year. About 1,000 new jobs are planned in the start-up phase ...

Feb. 5 (UPI) --Toyota said Wednesday it will build an EV plant in Shanghai, China, to produce a new Lexus brand electric vehicle. Toyota said in a statement it would establish a "new wholly-owned ...

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion. China overtook Japan ...

Toyota said Wednesday it will build a new EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle beginning in 2027.. Akio Toyoda, Chairman and Master Driver, Toyota Motor ...

Japan’s Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand, at a time when many foreign car companies are struggling in China. The world’s top ...