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Toyota to set up wholly owned EV, battery unit
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
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
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.
Toyota plans EV, battery push in China and U.S. amid quarterly profit surge
The push comes as worries grow about a potential trade war brewing after President Donald Trump imposed tariffs on China and China retaliated.
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8h
Tesla's Shanghai energy-storage battery Megafactory to enter operation next week
The Megafactory is the first of its kind to be built by Tesla outside the United States, and is dedicated to manufacturing ...
21h
on MSN
Toyota is following Elon Musk's lead as it tries to turn things around in China
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...
17h
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.
1d
Tesla to hold commissioning ceremony for Shanghai Megapack energy storage plant on Feb 11: report
CFP. The construction of Tesla's Shanghai Megapack energy storage plant was completed at the end of 2024 after just seven mon ...
Electrek
6d
Tesla announces third Megafactory as competition heats up
Elon Musk announced that Tesla is already building a third Megafactory to produce more Megapacks just as the competition ...
EconoTimes
1d
Tesla China Offers 8,000 Yuan Insurance Subsidy for Model 3 Buyers
Tesla (NASDAQ: TSLA) is ramping up incentives in China, offering an 8,000 yuan ($1,103) insurance subsidy for new Model 3 ...
electrive
2d
Tesla is now producing the revised Model Y in all four factories
Three weeks after unveiling the redesigned Model Y, which was codenamed Juniper, Tesla has announced that production of the ...
GlobalData on MSN
6d
Revised Tesla Model Y in demand in China
US battery electric vehicle (BEV) manufacturer Tesla received more than 70,000 bookings in China for its facelifted Model Y ...
6d
Tesla: China's BYD Now In The Driver's Seat
BYD Company Limited surpassed Tesla, Inc. as top EV maker with vertical integration strategy through Mexico production ...
Opinion
2d
on MSN
Opinion
Opinion - Elon Musk’s glaring conflicts of interest deserve more attention
Elon Musk's SpaceX has significant ties to U.S. defense officials, raising concerns about potential conflicts of interest and ...
2d
on MSN
Elon Musk's Tesla Could Import Model Y Into Canada Via Berlin As Trudeau, Trump Amp Up The Trade War With Tariffs And Counter Tariffs, Says Researcher
Tesla Inc (NASDAQ:TSLA) researcher Troy Teslike now expects Tesla to start shipping Model Ys from its gigafactory in Berlin ...
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