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Toyota to set up wholly owned EV, battery unit
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, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota Motor Corp. also announced it will start producing batteries for EVs,
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 Boosts Earnings Guidance, to Set Up China EV Unit
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
Toyota announces Lexus EV plant in Shanghai
Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand, at a time when many foreign car companies are struggling in China.
Toyota revs up EV and battery push in China and US, as profits surge
Toyota's push also comes as worries grow around Asia about a potential trade war brewing after President Donald Trump imposed tariffs on Chinese goods and China retaliated with tariffs to take effect next week.
Tesla Sales Plunge 63% in EU’s 2nd-Biggest EV Market
Tesla’s (TSLA) Electric Vehicle Sales Plunge Across Europe
January sales plunged 63% in France, the second biggest market in the European Union for electric vehicles (EVs).Maximize Your
Tesla Sales Plunge 63% in EU’s Second-Biggest EV Market
Tesla Inc. registrations plummeted 63% last month in France, the European Union’s second-biggest market for battery-electric vehicles.
Tesla sales tank in Europe, fresh EV deals, and Canada strikes back
On today's episode, it's the rapid decline of Tesla fortunes in Europe and California vs. the rapid rise of BYD plug-in sales!
44m
Ford’s F-150 Lightning is falling behind Tesla’s Cybertruck in deepening EV crisis
The EV market has turned as mainstream car buyers balk at high prices and spotty charging infrastructure.
PC Magazine
13h
Trump Threats Haven't Scared Off EV Buyers Yet, But How Long Will That Last?
Electric cars hit record adoption rates in recent months, but Tesla's shaky sales and an uncertain future for the $7,500 tax ...
16h
on MSN
Tesla could lose its big EV sales advantage in Washington state if lawmakers pass new rules
Tesla could soon lose its EV sales advantage as Washington lawmakers are taking their third shot at legislation to level the ...
22h
on MSN
EV demand stalls out in California as automakers face zero-emission sales mandate
Aside from Tesla, no other major manufacturer will meet the state's 35% threshold for zero-emission vehicles in the 2026 ...
5h
Xiaomi founder sets 10,000 sales target for luxury version of flagship EV
The luxury version of Xiaomi's flagship electric vehicle, the SU7 Ultra, will be launched at the end of February, with a ...
1h
on MSN
Toyota’s First EV Battery Factory In America Is Ready
Toyota ’s battery manufacturing facility in North Carolina is ready to begin production after a nearly $14 billion investment ...
2d
Honda touts flexibility with Ohio EV switch as Trump takes aim at tax credit
Take a look inside Honda's EV Hub in Ohio where the company plans to start making new vehicles later this year.
Electrek
18h
EV charging alliance IONNA moves into full-scale deployment of 30k new charger bays in US
OEM alliance and EV charging juggernaut IONNA has announced a key milestone today, transitioning from public beta testing in ...
9h
Proposed legislation would pull the plug on Tesla’s EV sales advantage in WA
A bill “protecting consumer choice by creating a fairer marketplace for auto sales” could, if passed, threaten Tesla’s direct ...
1d
12 Best EV Battery Stocks to Buy in 2025
EV Magazine highlighted that The Promoting Resilient Supply Chains Act remains critical for strengthening the EV supply chain ...
Electrek
16h
Ford’s electric F-150 Lightning is losing ground as its aging EV lineup faces new threats
Ford’s F-150 Lightning is losing ground in the US with new electric pickups like the Tesla Cybertruck and Chevy ...
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