6 days ago · Toyota Motor Corporation (Toyota) announced today that it will sign a comprehensive partnership agreement with the Shanghai municipal government in China regarding carbon neutrality. In addition, Toyota has decided to establish a new wholly-owned company in Jinshan District in southwest Shanghai to develop and produce BEVs and batteries.

5 days ago · 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...

6 days ago · TOKYO (AP) — Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota Motor Corp. also announced it will start producing batteries for EVs, hybrids and plug-ins at a new $14 billion facility in North Carolina, with shipping ...

1 day ago · Toyota, the world's leading carmaker by sales, has made a bold move to establish a wholly owned subsidiary in Shanghai to produce batteries and electric vehicles for its high-end Lexus brand. The new facility, set to begin production in 2027, will manufacture up to 100,000 electric vehicles annually.

5 days ago · Visitors inspect a Toyota Prado SUV at the 2024 Beijing auto show. [Photo by Cao Yingying/China Daily] Japanese auto giant Toyota Motor Corporation announced on Feb 5 that it will establish a new wholly owned subsidiary in Shanghai's Jinshan district to develop and produce fully electric cars — known as battery electric vehicles or BEVs — and batteries.

5 days ago · 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 wholly-owned electric vehicle (EV) manufacturing plant in Shanghai. The plant, located in Jinshan district ...

6 days ago · Under this partnership with the Shanghai municipal government, Toyota hopes to contribute to the Chinese government's goal of achieving carbon neutrality by 2060 in fields such as hydrogen energy, automated driving technology, and battery recycling and reuse.

6 days ago · The new plant will be fully owned by Toyota, following in the footsteps of Tesla’s Shanghai gigafactory and VW’s electric vehicle plant in Hefei. It will be able to produce 100,000 units a ...

6 days ago · 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 ...

6 days ago · 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 BY Lionel Lim A dealership for Japanese automaker Toyota in ...