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

Tesla's Shanghai megafactory will start production on Feb. 11, ramping up in Q1. Revenue from energy segment doubled in Q4.

SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker Toyota Motor Corp announced on Wednesday that it will construct a new ...

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

Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion.

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

The days of never-ending growth are over. Tesla was only able to increase turnover by one per cent last year - and only ...

Wu Xinbo, head of the institute of international studies at Fudan University, credited the rapid construction of Tesla's new factory to China's world-class infrastructure capabilities and the ...

Tesla Inc. disappointed investors on Thursday, reporting sales of 495,570 electric vehicles in the fourth quarter and of 1.789 million for all of 2024, falling slightly short of Wall Street ...

Tesla sure has a thing for random-seeming codenames for its models. The Model 3 sedan revised last year, for example, carried the internal designation "Highland." For the 3's SUV sibling, the ...

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

Tesla announces a price increase for all its car models in Canada starting February 1. The hike affects Model 3, Model Y, Model S, and Model X, with no stated reason. The price change coincides with ...