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

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

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 ...

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

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

Its decision to build a fully owned factory rather than another joint-venture facility is also a strategic move. In China, ...

Shanghai unveiled a total of 186 major projects in its 2025 plan on Thursday, covering various sectors such as scientific and ...

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