Toyota, the world's largest carmaker by sales, plans to build an electric vehicle factory in Shanghai for its premium Lexus ...

Toyota plans to build an electric vehicle factory in Shanghai for its luxury Lexus brand, media reports said on Tuesday, at a ...

Toyota has been doing well in the Chinese market so far. Last year, it produced 1.75 million cars in this country through ...

Toyota aims to increase overall production in China to 3 million units annually. Toyota plans to open a factory in Shanghai around 2027 to build next-generation Lexus EVs. The new manufacturing ...

adding that Toyota mostly sells Japanese-made Lexus vehicles in China. Stay current - Follow FMT on WhatsApp, Google news and Telegram ...

The planned Shanghai factory would mainly produce Lexus models, the Nikkei said, adding that Toyota mostly sells Japanese-made Lexus vehicles in China.

For its part, the Chinese auto industry also has grand hopes for the future. BYD's Denza brand plans on marketing a 911-rivaling sports car in Europe despite that region's volatility regarding tariffs ...

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