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Toyota to set up wholly owned EV, battery unit
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 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 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 unit in China.
13h
Tesla eclipsed by Chinese electric car rival as Britain turns against Musk
Chinese electric car titan BYD has overtaken Tesla in British sales for the first time as public opinion sours towards Elon ...
Carsguide.com.au
3h
BYD's nightmare? Meet the range of Geely hybrids and electric cars that could shake up the order of Chinese car brands in Australia in 2025
As Geely is on the cusp of launching its first new-generation product in Australia, it has revealed more plug-in hybrids as ...
The Diplomat
2h
Shifting Gears: China’s Advanced EV Hegemony in Central Asia
Economic, political, and environmental trends are accelerating Central Asia’s shift to EVs, and Chinese firms are at the ...
electrive
6h
German car manufacturers achieve 5% EV market share in China
In China, the combined electric market share of Volkswagen, Audi, BMW, Mercedes and Porsche was only around five per cent ...
autoevolution
3d
The Cheapest Chinese Cars That You Can Buy in 2025
It's hard to imagine a new vehicle retailing at less than 2,000 dollars, but over in China, there are microcars and trucks ...
16h
on MSN
Volkswagen to Launch Low-Cost EV as It Charts a Course For Growth
Faced with high domestic costs, stuttering demand for EVs and increasing competition from lower-cost Chinese makers, ...
CNN
13d
China made a bet decades ago because it couldn’t compete with the US on cars. That bet is paying off big
Roads course with a stream of mostly
electric
vehicles
, all with their distinct, green license plates. This is not just a Beijing phenomenon. For those arriving in many of
China
’s major cities ...
9d
EV car sales to top 20 million in 2025, research firm says
Global sales of fully electric and plug-in hybrid vehicles will rise by at least 17% this year to over 20 million cars, ...
9h
on MSN
Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
The move to put 10% additional tariffs on imports from China will impact a small number of U.S. vehicles, but increased costs ...
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