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Toyota to set up wholly owned EV, battery unit

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.

UPI News on MSN · 16h

Toyota to build new Lexus EV plant in Shanghai

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

Reuters on MSN · 1d

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.

Intellinews on MSN · 5h

Toyota to open fully-owned EV plant in Shanghai, increase operations in the US

By bno - Taipei Bureau Toyota Motor Corp. has revealed plans to establish a wholly-owned electric vehicle (EV) and battery manufacturing facility in Shanghai, China. In doing so, the Japanese car giant is marking a significant departure from its traditional joint venture approach in the country according to AFP.

AOL · 18h

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 unit in China.

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 ...

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 ...

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 ...

Toyota likely to post second straight profit drop as sales growth cools

Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings ...

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Some Toyota and Ford cars are being recalled in Canada. Here’s why

Monday’s Toyota recall was connected to an older recall issued in January. The notice said 31 cars are said to have been ...

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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 under a new partnership with the Shanghai ...

Toyota sells 10.8 million vehicles in 2024 to remain world's top-selling automaker

Toyota Motor 7203.T sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for ...

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Is the 2025 Toyota Prius worth $28,350?

Its combination of driving thrills, excellent fuel economy and – for the first time – attractive looks make for a compelling ...

Electrek15h

Toyota’s first EV battery plant in the US is ready for business, but there’s more

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 ...

At $17,000, Few New Car Prices Are Lower Than A Toyota Mirai

The fuel-cell Mirai boasts Lexus-level luxury and comfort, but is now available for less than Corolla-level money. It's a ...

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