Toyota, China and Lexus

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 the same in 2019.
Toyota to set up fully owned Lexus factory in China
Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the Jinshan district in southwest
Toyota to build Lexus factory in Shanghai
TOKYO - Toyota Motor Corp announced on Wednesday that it will construct a new Lexus factory in Shanghai as the company seeks to strengthen its development and manufacturing capabilities in the Chinese market. The plant, set to begin operations in 2027 or later, will focus on producing electric vehicles (EVs) and automotive batteries.
Toyota to Launch Lexus EV Production in Shanghai by 2027
Toyota Motor (NYSE: TM) is set to establish a wholly owned company in Shanghai to develop and manufacture electric vehicles (EVs) and batteries for its Lexus brand, with production slated to begin in 2027.
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 announces Lexus EV plant in Shanghai
Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand, at a time when many foreign car companies are struggling in China.
Toyota revs up EV and battery push in China and US, as profits surge
Toyota's push also comes as worries grow around Asia about a potential trade war brewing after President Donald Trump imposed tariffs on Chinese goods and China retaliated with tariffs to take effect next week.

Toyota boosts EV and battery production in China and U.S

Toyota to set new wholly owned firm in Shanghai, showing Chinese market’s attractiveness
Toyota Motor Corp will launch a wholly owned company in Shanghai, the company said in a press release on Wednesday, marking ...
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 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 To Open New EV Production Facility In Shanghai
Toyota's partnership with Shanghai aims to support carbon neutrality, focusing on green tech like hydrogen energy and ...
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Toyota signs carbon neutrality partnership agreement with Shanghai for new Lexus EV; production from 2027
Lexus RZ in Malaysia Toyota has announced that it will be signing a comprehensive partnership agreement with the Shanghai ...
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market ...
Toyota Is World’s No. 1 Carmaker for Fifth Year in a Row, Beating Out VW
Hybrids represented nearly half of Toyota's global sales in 2024, so not going all-in on EVs has seemingly paid off.
Toyota sells 10.8 million vehicles in 2024 to remain world's top-selling automaker
Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for a fifth ...