SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker Toyota Motor Corp announced on Wednesday that it will construct a new ... ( read original story ...)
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. ( read original story ...)
Toyota to set new wholly owned firm in Shanghai, showing Chinese market’s attractiveness
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 ...)