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

Toyota's partnership with Shanghai aims to support carbon neutrality, focusing on green tech like hydrogen energy and electric vehicles. The company plans a new subsidiary in Shanghai to produce BEVs.

Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.

Toyota is making a bold gambit to succeed in the Chinese market, where peers such as Volkswagen, Nissan and General Motors ...

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

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government ...

Toyota Motor Corporation has established a new wholly owned subsidiary in the eastern Chinese city of Shanghai, named Lexus (Shanghai) New Energy Co., ...

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its ...

Toyota Motor (NYSE: TM) is set to establish a wholly owned company in Shanghai to develop and manufacture electric vehicles (EVs) and batteries for its Lexus brand, with production slated to begin in ...

Japanese carmaker Toyota on Wednesday that it will build a wholly-owned subsidiary in Shanghai to develop and produce Lexus-branded electric vehicles and batteries. The subsidiary, which will be ...

Toyota is setting up a company in Jinshan district in southwest Shanghai for that effort, with production of the new Lexus EVs starting in 2027. Initial production capacity there totals 100,000 ...