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

Lexus declined to comment when contacted by ... including electric vehicles and plug-in hybrids, are made in China.

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 ...

Toyota’s luxury EV strategy challenges BYD’s dominance in China’s auto market, igniting a fierce competition in the world’s ...

Toyota typically competes in the mainstream market, but is also famous for launching Lexus as a luxury sub-brand ... announced its plans to remain engaged in China, including two new EVs that ...

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

Toyota Motor Corporation plans to build a new plant in China dedicated to the production of electric vehicles (EVs) under its premium Lexus brand, according to unconfirmed reports in Japan citing ...