The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...

The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.

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

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its ...

Just as the Model Y was making waves in China, technical hiccups have surfaced despite a major update. Expectations were ...

Out of that, exports of what China calls “ new energy vehicles,” including pure battery EVs, fuel-cell cars and plug-in hybrids – electric ... of all passenger cars in China by 3.1% for ...

The U.S. auto giant sold millions of Buicks and Chevrolets in China— and, for more than a decade, sold more cars in China than in ... of dollars a quarter, as EV players like Elon Musk’s ...

China's mix of subsidies and consumer purchase incentives have supported the rapid growth of new energy vehicles in recent years. BEIJING — China's electric car market is headed for a sharp ...

Exports of electric cars and plug-in hybrids, known collectively as new energy vehicles (NEVs ... were the top three markets for China-made cars in the first 11 months of 2024, CPCA said ...

China's auto exports to slow, EV exports to see no growth ... The line chart shows the share of new energy vehicle sales and sales of other fuel type cars in China. More than 6.6 million cars ...