The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.
BYD Company Limited surpassed Tesla, Inc. as top EV maker with vertical integration strategy through Mexico production ...
As Geely is on the cusp of launching its first new-generation product in Australia, it has revealed more plug-in hybrids as ...
BYD has revealed yet another offering in its range of hybrids overseas, the Seal 05 DM-i. A Toyota Corolla-sized sedan ...
Mazda could have an electric SUV to rival the Tesla Model Y on the horizon, and it might be headed here sooner than we think.
Zeekr revealed details of its next-generation ‘Golden Battery’ technology late in 2023, when it promised 500km (around 310 ...
Tesla is trying to make cars for less, and it said the average ... due to higher borrowing costs and intense competition. Rivals such as China's BYD as well as European manufacturers BMW and ...
Xpeng chief executive He Xiaopeng said on Wednesday he expected the company’s annual deliveries to double this year.
Elon Musk's Tesla ... Europe's car industry has been plunged into crisis by high manufacturing costs, a stuttering switch to electric vehicles (EV) and increased competition in key market China.
We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...