Toyota Motor Corp will launch a wholly owned company in Shanghai, the company said in a press release on Wednesday, marking another key milestone in China's auto industry as the Japanese carmaker ... ( read original story ...)
Shanghai’s new business action plan values enterprises’ real needs
It is worth noting that six of the 58 tasks in the new plan are related to the protection of the legitimate rights and interests of enterprises, including regulating profit-making whistleblowers, ... ( read original story ...)
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 the same in 2019. ( read original story ...)
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. ( read original story ...)
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. ( read original story ...)
Shares of Chinese companies linked to DeepSeek surged on the first post-holiday trading day
DeepSeek-related shares surged in mainland China after weeklong public holidays. But broader markets were weighed by Trump's trade war. ( read original story ...)
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. ( read original story ...)