Toyota is setting up a company in Jinshan district in southwest Shanghai for that effort, with production of the new Lexus EVs starting in 2027. Initial production capacity there totals 100,000 ...

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion. China overtook Japan ...

Japan's Toyota began selling a $20,000 smart electric car in China this week, aiming to attract buyers with its advanced features similar to Chinese rivals, as the automaker ups efforts to regain ...

The Shanghai Auto Show is now an established part of the automotive calendar – we’ve got a full list of show debuts ...

Toyota said Wednesday it will build a new EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle beginning in 2027.. Akio Toyoda, Chairman and Master Driver, Toyota Motor ...

A story in Nikkei Asia outlines Toyota's plans for a comeback, or at least a proper counteroffensive: winning approval for a Lexus EV and battery plant in Shanghai, except independently owned as ...

TOKYO, Feb 5 (Bernama-Xinhua) -- Toyota Motor Corp announced on Wednesday that it will construct a new Lexus factory in Shanghai as the company seeks to strengthen its development and manufacturing ...

NAGOYA, Japan -- Toyota Motor overcame multiple obstacles ... The new subsidiary, Lexus (Shanghai) New Energy, will develop and build EVs as well as produce batteries. The plant will open as ...