Toyota, the world's leading carmaker by sales, has made a bold move to establish a wholly owned subsidiary in Shanghai to ...

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

The Japanese automaker will operate a plant in China for the first time without a local partner, and it will build Lexus EVs ...

Tesla has commissioned a new megafactory in Shanghai, China, to manufacture energy-storage batteries, known as Megapacks, ...

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

The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs ...

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

China is the world’s largest BEV market, with domestic sales estimated at around 6.7 million units and a further 1 million ...

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

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

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

Toyota Motor Corp. is establishing a wholly owned subsidiary in Shanghai to develop and produce electric vehicles and batteries for Lexus. It will be the first standalone assembly plant operated in ...