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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 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 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.
Tom's Guide on MSN
1h
Toyota bZ4X Electric Vehicle Review
Tom's Guide's John Velasco test-drove the 2024 Toyota bZ4X for a week to find out how the company’s first EV performs after perfecting the hybrid car. The Toyota bZ4X is a crossover SUV with an ...
1d
on MSN
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 ...
12d
America’s Hugely Popular Toyota RAV4 To Finally Go Electric In 2026
The new RAV4 will employ the marque's first-ever fully electric powertrain while retaining the current model's proportions.
1d
on MSN
BMW, Toyota and Boeing among eight companies racing to put first ‘flying car’ on the market
Popular automakers — including Honda, Hyundai, and BMW — are racing to get their new flying car models on the market with a ...
WUNC
1d
Toyota's North Carolina factory will soon start making EV batteries
The company will hire more than 5,000 workers to make batteries for hybrid and electric cars as part of Toyota's approach to ...
9d
At $17,000, Few New Car Prices Are Lower Than A Toyota Mirai
The fuel-cell Mirai boasts Lexus-level luxury and comfort, but is now available for less than Corolla-level money. It's a ...
3d
Toyota likely to post second straight profit drop as sales growth cools
Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings ...
7d
Toyota sells 10.8 million vehicles in 2024 to remain world's top-selling automaker
Toyota Motor 7203.T sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for ...
Hosted on MSN
5h
Toyota set to commission $14bn battery plant in US
Toyota has announced that its first in-house battery manufacturing plant for electrified vehicles (EV) outside Japan, located ...
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