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

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 ...

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

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

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 Motor (TM) is ramping up its electric vehicle (EV) and battery production efforts with new initiatives in both China ...

Toyota Motor Corporation announced it has completed construction of a new EV battery manufacturing plant in Liberty, in the ...

Toyota's partnership with Shanghai aims to support carbon neutrality, focusing on green tech like hydrogen energy and ...

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.

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