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Toyota to set up wholly owned EV, battery unit

Hosted on MSN · 20h

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.

UPI News on MSN · 13h

Toyota to build new Lexus EV plant in Shanghai

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

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 raises profit forecast

The Associated Press on MSN · 21h

Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government.

The Financial Times · 1d

Toyota raises profit forecast and aims to double down in China

Toyota raised its full-year profit forecast on cost-cutting efforts, despite recording a second consecutive quarterly drop in profit, as sales growth driven by a hybrid boom cooled off. The world’s largest automaker said on Wednesday that operating profit came in at ¥1.

Reuters on MSN · 1d

Toyota raises full-year profit outlook by 9% to nearly $31 billion

Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ability to ride out any potential U.S. tariffs. The world's top-selling automaker raised its profit forecast for the current year through March 2025 to 4.

18hon 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 ...

2d

Toyota likely to post second straight profit drop as sales growth cools

Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings ...

2d

The 2025 Toyota 4Runner is shockingly ready for whoops

Equipped with tuned shock absorbers from Bilstein, Fox, and Old Man Emu, the new 4Runner is adaptable for on- and off-road ...

1d

Toyota, Honda & more recalling over 325K cars: Bring your car to the dealer ASAP, if you have one of these vehicles

The National Highway Traffic Safety Administration announced over 325,000 recalled cars from Honda, Toyota, Acura, Subaru and ...

3don MSN

2025 Toyota 4Runner vs. Land Cruiser: We Drove Both, Here’s How They Compare

For example, both the Land Cruiser and 4Runner have the same 112.2-inch wheelbase, the same eight-speed automatic ...

9h

Someone Turned a $100 Toyota Into This Koenigsegg Jesko Clone

This imitation hypercar has flip-up doors like the real thing, and the same engine as a '90s Corolla behind the driver.

2d

Honda, Toyota, Acura among over 325,000 vehicles recalled: Check car recalls here

The National Highway Traffic Safety Administration issued multiple recalls last week, including notices for nearly 300,000 ...

4d

Test-Driving The Texas-Styled 2025 Toyota Sequoia 1794

Toyota created a Texas-inspired luxury grade and called it 1794 after the founding year of the land where it's built. Learn ...

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