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Toyota to set up wholly owned EV, battery unit

The Associated Press on MSN · 2d

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 government.

Hosted on MSN · 2d

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 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.

EV, Toyota and Shanghai

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.

UPI News on MSN · 1d

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.

Intellinews on MSN · 1d

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.

This is the Chinese EV Ford’s CEO says it needs to beat ‘straight up in a street fight’

After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...

The Diplomat22h

Shifting Gears: China’s Advanced EV Hegemony in Central Asia

Economic, political, and environmental trends are accelerating Central Asia’s shift to EVs, and Chinese firms are at the ...

Toyota's two-pronged US-Sino strategy for EV battery production

Toyota has unveiled plans to accelerate its electrification initiatives in the US and China, according to its latest ...

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 ...

1d

Tesla, Xpeng reignite China EV price war with insurance and loan subsidies

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

German car manufacturers achieve 5% EV market share in China

In China, the combined electric market share of Volkswagen, Audi, BMW, Mercedes and Porsche was only around five per cent ...

2d

China's curbs on exports of strategic minerals

China announced sweeping export controls on Tuesday targeting five metals used across defence, clean energy and other ...

1don MSN

China's electric vehicle surge: A global automotive game changer

China's meteoric rise in the electric vehicle (EV) market has upended traditional automotive hierarchies, with Chinese ...

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