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Toyota to set up wholly owned EV, battery unit
Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government.Toyota Motor Corp. also announced it will start producing batteries for EVs,
Toyota to set up wholly owned EV, battery unit in China
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the Lexus brand, with production set to start in 2027, the world's top-selling automaker said on Wednesday.
Toyota to open fully-owned EV plant in Shanghai, increase operations in the US
By bno - Taipei Bureau Toyota Motor Corp. has revealed plans to establish a wholly-owned electric vehicle (EV) and battery manufacturing facility in Shanghai, China. In doing so, the Japanese car giant is marking a significant departure from its traditional joint venture approach in the country according to AFP.
1d
Toyota: Potential Trade-War Winner As Japan Sits On Sidelines
Toyota's recent earnings report showed a 4.8% revenue increase but a 13.2% decline in operating income. Learn more about TM ...
6d
Toyota sells 10.8 million vehicles in 2024 to remain world's top-selling automaker
Toyota Motor 7203.T sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for ...
2d
Toyota likely to post second straight profit drop as sales growth cools
Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings ...
Paul Tan
2d
Toyota GR Corolla facelift in Japan – 6MT and 8AT, exclusive Circuit Mode with anti-lag, from RM163k
Toyota may be Japanese, but it’s taken a surprisingly long time to bring the facelifted GR Corolla to its home country. The ...
TopSpeed on MSN
1d
The Toyota Hybrid Crossover That Outsold The Prius Twins In January 2025
You may be surprised, but the Prius Hybrid, along with the Prius Plug-In Hybrid, started the year out slow. In January, ...
1d
on MSN
Toyota is following Elon Musk's lead as it tries to turn things around in China
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...
7d
on MSN
Toyota sells 10.8M vehicles in 2024, keeps global sales crown for fifth year
Toyota retained its top spot in 2024, selling 10.8M vehicles despite a 3.7% drop, with hybrid sales surging amid challenges ...
GlobalData on MSN
6d
Toyota global vehicle sales fall 4% in 2024
Japan’s Toyota Motor Corporation reported a 4% fall in global group sales to 10,821,480 vehicles in 2024, reflecting mostly ...
6d
on MSN
Toyota Remains World’s Top Automaker Despite Selling Fewer Cars in 2024
The automaker sold 10.8 million vehicles globally last year, retaining its position as the world’s top-selling carmaker ...
Carscoops
7d
Toyota Keeps Top Spot In Global Sales Despite 20% Drop In Japan
The drop is largely attributed to the
Japanese
market which recorded a 19.7% decline.
Toyota
sold 23.7% more electrified
vehicles
in 2024, with the vast majority being hybrids. For the fifth ...
1d
Toyota to build new Lexus EV plant in Shanghai
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
7h
on MSN
The most exciting Japanese cars on sale today
Japanese cars offer reliability, quality, lots of equipment and unique styling, but which ones are the most exciting?
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