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

"We're preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation," ...

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai ...

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

The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.

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

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its ...

Sweden-based Volvo Cars reported a fall in fourth-quarter operating profit on Thursday and predicted a turbulent 2025 with ...

Toyota Motor (TM) is ramping up its electric vehicle (EV) and battery production efforts with new initiatives in both China ...

Volkswagen is about to reveal its electric car for the masses. The German brand will debut its new ID.1 concept next month, ...

China remains crucial supply chain for key materials, strategic hub for emerging markets Amid an escalating trade war between ...

EIGHT new car brands are set to land in the UK for the first time this year including a major Tesla rival and an EV firm that ...