The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
Last year, Toyota, including Lexus, sold just 139,892 pure EV models, accounting for just 1.4% of sales. 2025 Lexus RZ 450e (Source: Lexus) Volkswagen sold nearly 745,000 electric vehicles ...
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...
Toyota's partnership with Shanghai aims to support carbon neutrality, focusing on green tech like hydrogen energy and ...
Toyota Motor 7203.T sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for ...
Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings ...
New figures from the Society of the Irish Motor Industry show that electric vehicle (EV) sales had a record-breaking month in ...