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Toyota to set up wholly owned EV, battery unit
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 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 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.
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 ...
TechNode
4h
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 ...
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7h
Toyota announces carbon neutrality agreement with Shanghai
Toyota Motor Corporation announced Wednesday to sign a comprehensive partnership agreement on carbon neutrality with Shanghai ...
1d
Toyota raises profit view 9%, cites overall business strengthening
Japan's Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ...
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