Toyota boosts EV and battery production in China and U.S

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 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 boosts EV and battery production in China and U.S. as Q3 profit soars
Toyota Motor (NYSE:TM) is ramping up its electric vehicle (EV) and battery production efforts with new initiatives in both China and the U.S., following a surge in its third quarter profit.  The company has partnered with the Shanghai government to build a new facility in Jinshan district,
Profit up for Japanese carmaker Toyota in its third quarter
Profit increased for Japanese vehicle manufacturer Toyota in its third quarter compared to the same period of the previous year. Toyota reported that its net income attributable to the company for the third quarter increased to 2.
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 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 ...
Toyota Raises Annual Profit Guidance Despite Drop in Quarter
Toyota Motor Corp. raised its annual operating profit outlook even though quarterly income fell short of estimates due to a ...
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, 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 ...
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Every Toyota Hatchback: From Corolla To GR Yaris
Toyota has done a lot for the auto world, and none more so than with their illustrious line of hatchbacks - here is every ...
The 2025 Toyota 4Runner is shockingly ready for whoops
Equipped with tuned shock absorbers from Bilstein, Fox, and Old Man Emu, the new 4Runner is adaptable for on- and off-road ...
Honda, Toyota, Acura among over 325,000 vehicles recalled: Check car recalls here
The National Highway Traffic Safety Administration issued multiple recalls last week, including notices for nearly 300,000 ...
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19-year-old woman killed in Lake Worth Beach
A 19-year-old was killed Saturday morning after being hit by a driver in Lake Worth Beach. A 2011 Toyota Corolla was ...