Toyota to set up wholly owned EV, battery unit

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, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government.Toyota Motor Corp. also announced it will start producing batteries for EVs,
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.
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 completes EV battery plant in US
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Toyota Boosts Earnings Guidance, to Set Up China EV Unit
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
Toyota announces Lexus EV plant in Shanghai
Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand, at a time when many foreign car companies are struggling in China.
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 ...
Toyota raises full-year profit outlook by 9% to nearly $31 bln
Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ability to ...
Toyota Raises Earnings Guidance After Profit Jumps
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
Toyota’s First EV Battery Factory In America Is Ready
Toyota ’s battery manufacturing facility in North Carolina is ready to begin production after a nearly $14 billion investment ...
Toyota, Honda & more recalling over 325K cars: Bring your car to the dealer ASAP, if you have one of these vehicles
The National Highway Traffic Safety Administration announced over 325,000 recalled cars from Honda, Toyota, Acura, Subaru and ...
The 2025 Toyota 4Runner is shockingly ready for whoops
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Honda, Toyota, Acura among over 325,000 vehicles recalled: Check car recalls here
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Toyota Raises Full-Year Profit Outlook by 9%
Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ability to ...
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White Toyota 4Runner Is Brimming With Custom Goodies, Also Has a Bit of Contrasting Yellow
Phoenix, Arizona-based Westcott Designs is not exclusively biased toward TMNA SUVs and trucks, but a great deal of its social ...