After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to ...
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.
The automaker-backed charging network is scaling up, with plans for 30,000 chargers and Amazon-powered convenience stores.
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
The push comes as worries grow about a potential trade war brewing after President Donald Trump imposed tariffs on China and China retaliated.
Last year, EV sales in the United States reached a new record and they’re expected to reach new heights in 2025. Toyota’s plan to launch an all-new EV lineup stateside could be a win-win for ...
The landmark EV merger, which would create the world’s third-largest automaker, may not happen after all. Honda and Nissan’s ...
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...
The company’s bet that consumers weren’t quite ready to embrace battery electric vehicles proved prescient, as Toyota’s hybrid sales grew as EV demand stumbled in markets like North America.
Toyota (TM) stock is climbing higher on the back of upbeat guidance and the Japanese giant’s plans to set up a wholly-owned EV unit in China. Toyota, the world’s largest automaker, reported ...