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Toyota plans EV, battery push in China and U.S

Hosted on MSN · 1d

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.

The Associated Press on MSN · 22h

Toyota plans EV, battery push in China and U.S. amid quarterly profit surge

The push comes as worries grow about a potential trade war brewing after President Donald Trump imposed tariffs on China and China retaliated.

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.

1don MSN

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 set to commission $14bn battery plant in US

Toyota has announced that its first in-house battery manufacturing plant for electrified vehicles (EV) outside Japan, located ...

2d

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 ...

1don MSN

BMW, Toyota and Boeing among eight companies racing to put first ‘flying car’ on the market

Popular automakers — including Honda, Hyundai, and BMW — are racing to get their new flying car models on the market with a ...

5don MSN

Toyota's Hybrids Dominated Last Year

Toyota's hybrids crushed it last year. While the company has been slow to launch compelling electric cars, its hybrid ...

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