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 ...
Toyota to build new Lexus EV plant in Shanghai
Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
Toyota To Open New EV Production Facility In Shanghai
Toyota's partnership with Shanghai aims to support carbon neutrality, focusing on green tech like hydrogen energy and ...
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Toyota’s first EV battery plant in the US is ready for business, but there’s more
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 ...
Toyota sells 10.8M vehicles in 2024, keeps global sales crown for fifth year
Toyota retained its top spot in 2024, selling 10.8M vehicles despite a 3.7% drop, with hybrid sales surging amid challenges ...
Toyota announces Lexus EV plant in Shanghai
Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its ...
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market ...
Toyota Is World’s No. 1 Carmaker for Fifth Year in a Row, Beating Out VW
Hybrids represented nearly half of Toyota's global sales in 2024, so not going all-in on EVs has seemingly paid off.