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

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai ...

TOKYO (Reuters) - Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and ...

Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

Xpeng chief executive He Xiaopeng said on Wednesday he expected the company’s annual deliveries to double this year.

Toyota Motor (NYSE: TM) is set to establish a wholly owned company in Shanghai to develop and manufacture electric vehicles ...

Top Stories China strikes back at U.S. tariffs with new duties and export controls. Read More General Motors expands its ...

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 Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out any potential US tariffs. Read more at The Business Times.

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