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Toyota to set up wholly owned EV, battery unit
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.
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
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.
TechNode
9h
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 ...
1d
on MSN
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.
1d
Tesla to hold commissioning ceremony for Shanghai Megapack energy storage plant on Feb 11: report
CFP. The construction of Tesla's Shanghai Megapack energy storage plant was completed at the end of 2024 after just seven mon ...
BGR
1mon
Tesla’s new Gigafactory in China will focus on Model 3 and Model Y production
Tesla CEO Elon Musk was in China today to help break ground on a brand
new Gigafactory in
Shanghai
. The factory itself will manufacture cars exclusively for customers in China and will solely be ...
EconoTimes
1d
Tesla China Offers 8,000 Yuan Insurance Subsidy for Model 3 Buyers
Tesla (NASDAQ: TSLA) is ramping up incentives in China, offering an 8,000 yuan ($1,103) insurance subsidy for new Model 3 ...
1d
Tesla, Xpeng reignite China EV price war with insurance and loan subsidies
Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.
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