Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
The factory, with initial capacity of 100,000 EVs a year, will be the first standalone assembly plant operated in China by Toyota without a local partner.
Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its ...
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Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...
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.