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

The push comes as worries grow about a potential trade war brewing after President Donald Trump imposed tariffs on China and ...

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

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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 ...

Popular automakers — including Honda, Hyundai, and BMW — are racing to get their new flying car models on the market with a ...

The company will hire more than 5,000 workers to make batteries for hybrid and electric cars as part of Toyota's approach to ...

After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to ...

Lexus RZ in Malaysia Toyota has announced that it will be signing a comprehensive partnership agreement with the Shanghai ...

Shares of Toyota Motor ( TM 4.61%) rallied 4.8% on Wednesday as of 2:23 p.m. ET. Toyota is the largest automaker in the world, so its stock hasn't escaped the slowdown in auto sales that came after ...