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.

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

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

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...

Elon Musk's net worth has declined since Donald Trump took office, primarily due to the impact of new tariffs on his ...

Tesla's Shanghai megafactory will start production on Feb. 11, ramping up in Q1. Revenue from energy segment doubled in Q4.

The Megafactory is the first of its kind to be built by Tesla outside the United States, and is dedicated to manufacturing ...

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

SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker Toyota Motor Corp announced on Wednesday that it will construct a new ...

By bno - Taipei Bureau Toyota Motor Corp. has revealed plans to establish a wholly-owned electric vehicle (EV) and battery ...