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Toyota, China and Lexus

Toyota is following Elon Musk's lead as it tries to turn things around in China

The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.

electrive · 16h

Toyota to set up fully owned Lexus factory in China

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the Jinshan district in southwest

UPI News on MSN · 18h

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.

Toyota Boosts Earnings Guidance

The Associated Press on MSN · 1d

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, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government.Toyota Motor Corp. also announced it will start producing batteries for EVs,

Reuters · 1d

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.

AOL · 19h

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.

16h

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.

TechNode2h

Toyota’s new Lexus factory could be larger than Tesla’s Giga Shanghai: report

Toyota’s new factory is said to be minutes away from a railway station in Jinshan, the district branding itself as ...

19h

Toyota to set new wholly owned firm in Shanghai, showing Chinese market’s attractiveness

Toyota Motor Corp will launch a wholly owned company in Shanghai, the company said in a press release on Wednesday, marking ...

15hon MSN

Why Toyota Motor Rallied Today

Shares of Toyota Motor (NYSE: TM) rallied 4.8% on Wednesday as of 2:23 p.m. ET. Toyota is the largest automaker in the world, ...

中国日报网4h

Toyota announces carbon neutrality agreement with Shanghai

Toyota Motor Corporation announced Wednesday to sign a comprehensive partnership agreement on carbon neutrality with Shanghai and will establish a new wholly owned company in the city's Jinshan ...

1don MSN

Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates

Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market ...

Toyota Is World’s No. 1 Carmaker for Fifth Year in a Row, Beating Out VW

Hybrids represented nearly half of Toyota's global sales in 2024, so not going all-in on EVs has seemingly paid off.

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