The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...

Toyota Motor Corp will launch a wholly owned company in Shanghai, the company said in a press release on Wednesday, marking ...

The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.

Toyota wants to establish a new wholly-owned subsidiary for the development and production of BEVs and batteries in the ...

CFP. The construction of Tesla's Shanghai Megapack energy storage plant was completed at the end of 2024 after just seven mon ...

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

Tesla (NASDAQ: TSLA) is ramping up incentives in China, offering an 8,000 yuan ($1,103) insurance subsidy for new Model 3 ...

Tesla CEO Elon Musk was in China today to help break ground on a brand new Gigafactory in Shanghai. The factory itself will manufacture cars exclusively for customers in China and will solely be ...

Tesla, which opened a Shanghai gigafactory in 2019, has received billions in subsidies, loans and tax breaks from the Chinese government, a rarity for foreign companies normally beset by Chinese ...