The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.
Toyota has unveiled plans to accelerate its electrification initiatives in the US and China, according to its latest ...
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...
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's hybrids crushed it last year. While the company has been slow to launch compelling electric cars, its hybrid ...
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 new factory is said to be minutes away from a railway station in Jinshan, the district branding itself as ...
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