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

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

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

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

CFP. The construction of Tesla's Shanghai Megapack energy storage plant was completed at the end of 2024 after just seven mon ...

Its decision to build a fully owned factory rather than another joint-venture facility is also a strategic move. In China, ...

Tesla (NASDAQ: TSLA) is ramping up incentives in China, offering an 8,000 yuan ($1,103) insurance subsidy for new Model 3 ...

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.