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

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.

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

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

Toyota Motor Corporation, Japan’s leading automaker, announced this week that it plans to establish a wholly-owned subsidiary ...

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 from 2027 Shanghai has taken a big step towards reclaiming the title as the ...

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

“We decided to establish a wholly owned company for the development and production of Lexus BEVs and batteries in Shanghai, China,” Toyota chief financial officer Yoichi Miyazaki said ...