But the rise of China's auto sector hasn't exactly been a walk in the park for Toyota, either. The world's largest automaker ...

China's government work report, which was delivered at the opening meeting of the third session of the 14th National People's Congress on March 5, stated that support will be given to major ...

Lexus' booth at the 2024 Beijing auto show in April. SONG YU/FOR CHINA DAILY Toyota, the world's leading carmaker by sales, has made a bold move to establish a wholly owned subsidiary in Shanghai ...

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 ...

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 ...

The plant, to be built in Shanghai’s Jinshan district, is expected to begin commercial production of Lexus BEVs and related batteries in 2027. It will have an initial production capacity of ...

The world’s largest automaker, which upgraded its full-year profit forecast on Wednesday, unveiled plans to invest in a new battery and EV plant in Shanghai that will start producing Lexus ...

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand, at a time when many foreign car companies are struggling in China. The world's top ...

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 ...