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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 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.
9h
Why can't Korean battery makers ditch loss-making Chinese factories?
China remains crucial supply chain for key materials, strategic hub for emerging markets Amid an escalating trade war between ...
1d
US Solar Firm Enphase to Move Battery Manufacturing Outside of China
Enphase Energy Inc., a US solar and battery systems supplier, is in the process of moving its battery cell manufacturing out ...
中国日报网
13h
Tesla's Shanghai energy-storage battery Megafactory to enter operation next week
The Megafactory is the first of its kind to be built by Tesla outside the United States, and is dedicated to manufacturing ...
3d
Made in Morocco: how China’s EV battery makers are powering past Western tariffs
Chinese-African joint venture is latest company to find way past Western trade barriers while leveraging region’s abundant ...
1d
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 ...
Electrek
8d
China urges citizens to trade in ‘old lithium e-bikes’ for newer lead acid electric bikes
In what might seem like a headscratcher, China is now urging its citizens to trade in their lithium-ion battery-based ...
7h
on MSN
Volvo Cars weighs tariffs-led production move, warns of ‘hyper-competitiveness' in China
We’re preparing ourselves to see whether we need to start looking at production relocation or or even supplier relocation,” ...
Crude Oil Prices
1d
China’s Critical Mineral Export Curbs Could Upend Market
Beijing’s export restriction move only highlights China’s already well-known dominance in transition technology and the rest ...
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