Toyota unveils a plan to become ‘more loved’ in China by taking a page out of Tesla’s playbook: A wholly-owned Shanghai EV plant
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
Toyota Boosts Earnings Guidance, to Set Up China EV Unit
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
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Toyota's two-pronged US-Sino strategy for EV battery production
Toyota has unveiled plans to accelerate its electrification initiatives in the US and China, according to its latest ...
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 ...
Toyota to Set up Wholly Owned EV, Battery Unit in China
TOKYO (Reuters) - Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and ...
Toyota stock climbs on guidance boost, new China EV unit
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...
Toyota's $14B NC battery plant to start production in April
Toyota is set to open its $14 billion battery plant south of Greensboro in April.
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 ...