Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai ...

Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...

The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.

The company, an electric vehicle (EV) unit of debt-laden property developer China Evergrande, said that it is still looking ...

Global electric car sales Dec. 2024 up 23% YoY to 30% share. China sales up 46% to 53% share. Europe up 4% to 28% share. USA ...

Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.

Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

Chinese electric vehicle maker BYD plans to hire 20,000 employees in Zhengzhou in the first quarter, in areas including R&D ...

In China, the combined electric market share of Volkswagen, Audi, BMW, Mercedes and Porsche was only around five per cent ...

After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...