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Toyota revs up EV and battery push in China and US
Toyota boosts EV and battery production in China and U.S. as Q3 profit soars
Toyota Motor (NYSE:TM) is ramping up its electric vehicle (EV) and battery production efforts with new initiatives in both China and the U.S., following a surge in its third quarter profit. The company has partnered with the Shanghai government to build a new facility in Jinshan district,
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.
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.
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 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.
7h
Tesla, Xpeng reignite China EV price war with insurance and loan subsidies
Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.
3h
on 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 the same in 2019.
TechNode
4h
Xpeng beats Li Auto to become China’s top-selling EV startup in January
Xpeng chief executive He Xiaopeng said on Wednesday he expected the company’s annual deliveries to double this year.
15m
Xiaomi’s HK$1 trillion market value, self-driving features in new Chinese cars: 5 EV reads
From Xiaomi’s market value surpassing HK$1 trillion to self-driving features in new Chinese cars, here are five EV stories ...
electrive
2h
German car manufacturers achieve 5% EV market share in China
In China, the combined electric market share of Volkswagen, Audi, BMW, Mercedes and Porsche was only around five per cent ...
6d
Is China's Price War Derailing Nio From Being a Top EV Stock in 2025?
Nio ( NIO -2.31%), one of China's largest premium electric vehicle (EV) players by sales, was always an intriguing investment ...
13d
on MSN
There's a new buzzword in China's EV industry
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, the co-chairman of CATL, told a ...
1d
on MSN
China's mineral glut cuts EV costs, deepens U.S. reliance
A recent survey shows that China's mineral oversupply is lowering EV costs but increasing U.S. dependence on foreign ...
2d
on MSN
China Evergrande's EV unit says struggling to attract investors amid liquidity crisis
China Evergrande New Energy Vehicle said on Monday it is struggling to attract strategic investors amid a severe liquidity ...
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