Shanghai aims to reclaim China’s carmaking crown with 100,000-unit Toyota plant
Shanghai has taken a big step towards reclaiming the title as the country’s largest vehicle production hub following Toyota Motor’s plan to make cars in the city. The metropolis, which has been eclipsed by Shenzhen and Guangzhou since 2022 in car production,
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 to Set up Wholly Owned EV, Battery Unit in China
TOKYO (Reuters) - 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.
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 open fully-owned EV plant in Shanghai, increase operations in the US
By bno - Taipei Bureau Toyota Motor Corp. has revealed plans to establish a wholly-owned electric vehicle (EV) and battery manufacturing facility in Shanghai, China. In doing so, the Japanese car giant is marking a significant departure from its traditional joint venture approach in the country according to AFP.
Toyota stock climbs on guidance boost, new China EV unit
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV unit in China.
Electrek6h
This is the Chinese EV Ford’s CEO says it needs to beat ‘straight up in a street fight’
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
Japan’s Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai ...
China's electric vehicle surge: A global automotive game changer
For decades, the automotive industry has been dominated by a few heavyweights. The United States produced iconic giants like ...
The Diplomat16h
Shifting Gears: China’s Advanced EV Hegemony in Central Asia
Economic, political, and environmental trends are accelerating Central Asia’s shift to EVs, and Chinese firms are at the ...
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 ...
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.
Electrek2d
I went back to China to tour more e-bike factories and visit companies. Here’s what I saw
From there, I visited their operations center where the company has a large warehouse stocked with just about everything you ...
electrive1d
German car manufacturers achieve 5% EV market share in China
In China, the combined electric market share of Volkswagen, Audi, BMW, Mercedes and Porsche was only around five per cent ...
China issues first-of-its-kind guidelines for EV insurance
China's national financial regulator issued on Friday the first-of-its-kind insurance guidelines for electric vehicles and ...
EV Company News For The Month Of January 2025
Global electric car sales Dec. 2024 up 23% YoY to 30% share. China sales up 46% to 53% share. Europe up 4% to 28% share. USA ...