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Toyota to set up wholly owned EV, battery unit
Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government.
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.
The Diplomat
6m
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 ...
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1h
Toyota to build new EV plant in Shanghai
SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker ...
1d
on MSN
NIO Catches a Downgrade. The Chinese EV Stock Is Rising.
J.P. Morgan analyst Nick Lai downgraded the U.S.-listed shares of Chinese electric-vehicle maker NIO to Hold from Buy.
Electrek
12h
Honda and Nissan’s $60 billion EV partnership plans are already falling apart
The landmark EV merger, which would create the world’s third-largest automaker, may not happen after all. Honda and Nissan’s ...
CNN on MSN
8d
A 2025 guide to Lunar New Year as we slither into the Year of the Snake
When is Lunar New Year in 2025? And why do people wear red as part of the celebrations? Answers to these questions and more ...
9d
Here's what the US can learn from EU as Chinese EV imports increase, despite tariffs
Manufacturers in China have found workarounds, and experts say that could be a lesson for U.S. policymakers. Export data ...
7d
on MSN
Lunar New Year 2025: What to know about the Year of the Snake
Asian American communities around the U.S. and around the world are ringing in the Year of the Snake Wednesday, including in ...
9h
on MSN
Toyota to build new Lexus EV plant in Shanghai
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
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