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 ...

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

Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.

Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...

China is the world’s largest BEV market, with domestic sales estimated at around 6.7 million units and a further 1 million ...

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

Yet Toyota may now be ready to embrace battery electric vehicles again as part of its multi-pathway approach, with a new wholly owned plant in China. “We decided to establish a wholly owned ...

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government TOKYO -- Toyota is developing and making electric vehicles and EV ...

Toyota 72030.04%increase ... higher third-quarter net profit and said it will establish an electric-vehicle unit in China, seeking to shore up its operations in the world’s largest auto market.

The moves highlight Toyota’s aggressive push in electric cars ... President Donald Trump imposed tariffs on Chinese goods and China retaliated with tariffs to take effect next week.