Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.

The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs from 2027 Shanghai has taken a big step towards reclaiming the title as the ...

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

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

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

Toyota's partnership with Shanghai aims to support carbon neutrality, focusing on green tech like hydrogen energy and ...

Japanese carmaker Toyota on Wednesday that it will build a wholly-owned subsidiary in Shanghai to develop and produce ...

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

The factory, with initial capacity of 100,000 EVs a year, will be the first standalone assembly plant operated in China by ...

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

SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker ...