Toyota Motor (TM) is ramping up its electric vehicle (EV) and battery production efforts with new initiatives in both China ...

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

Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...

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

Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.

China Evergrande New Energy Vehicle said on Monday it is struggling to attract strategic investors amid a severe liquidity ...

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

Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

Tesla has implemented a new discount on Model 3 vehicles in China, the world’s biggest EV market, amid a worldwide demand ...

After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to ...