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Toyota to set up wholly owned EV, battery unit
Toyota Boosts Earnings Guidance, to Set Up China EV Unit
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
Toyota to set up wholly owned EV, battery unit in China
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-selling automaker said on Wednesday.
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.
Toyota revs up EV and battery push in China and US, as profits surge
Toyota's push also comes as worries grow around Asia about a potential trade war brewing after President Donald Trump imposed tariffs on Chinese goods and China retaliated with tariffs to take effect next week.
1h
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.
Paul Tan
1h
Toyota signs carbon neutrality partnership agreement with Shanghai for new Lexus EV; production from 2027
Lexus RZ in Malaysia Toyota has announced that it will be signing a comprehensive partnership agreement with the Shanghai ...
1d
on MSN
China Evergrande's EV unit says struggling to attract investors amid liquidity crisis
China Evergrande New Energy Vehicle said on Monday it is struggling to attract strategic investors amid a severe liquidity ...
EconoTimes
1h
Toyota to Launch Lexus EV Production in Shanghai by 2027
Toyota Motor (NYSE: TM) is set to establish a wholly owned company in Shanghai to develop and manufacture electric vehicles ...
5d
Is China's Price War Derailing Nio From Being a Top EV Stock in 2025?
Nio ( NIO -2.31%), one of China's largest premium electric vehicle (EV) players by sales, was always an intriguing investment ...
Yen on MSN
8d
Tesla, BMW take EU to court over China EV tariffs
The move came as Europe's car industry has been plunged into crisis by high manufacturing costs, a stuttering switch to ...
Electrek
1d
BYD’s overseas sales surged to a new record as its global EV plans kick into high gear
BYD’s Song Plus (PHEV and EV) was the best-selling model in the lineup, with over 51,300 sold last month. Its low-cost Seagull EV, starting at under $10,000 in China, was the second-best seller, with ...
13d
on MSN
There's a new buzzword in China's EV industry
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, the co-chairman of CATL, told a ...
11d
China issues first-of-its-kind guidelines for EV insurance
China's national financial regulator issued on Friday the first-of-its-kind insurance guidelines for electric vehicles and ...
21h
on MSN
Investors eye Chinese EV stocks and Tesla cautiously amid a flurry of tariff developments
Electric vehicle stocks traded higher early on Tuesday on renewed hope that a damaging trade between the U.S. and China can ...
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