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

SONG YU/FOR CHINA DAILY Toyota, the world's leading carmaker by sales, has made a bold move to establish a wholly owned ...

Tesla has commissioned a new megafactory in Shanghai, China, to manufacture energy-storage batteries, known as Megapacks, ...

China is the world’s largest BEV market, with domestic sales estimated at around 6.7 million units and a further 1 million ...

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

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

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

The factory, with initial capacity of 100,000 EVs a year, will be the first standalone assembly plant operated in China by ...

The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs ...

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