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

SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker ...

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

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 under a new partnership with the Shanghai ...

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The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.

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

Across utes from all brands, the only models to post growth in January 2025 were the Nissan Navara, with 750 sales against ...

Over the last ten years, the hybrid and plug-in hybrid fields have seen many advancements in engineering and efficiency.