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Toyota plans EV, battery push in China and U.S

Hosted on MSN · 2d

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,

DPA International on MSN · 1d

Profit up for Japanese carmaker Toyota in its third quarter

Profit increased for Japanese vehicle manufacturer Toyota in its third quarter compared to the same period of the previous year. Toyota reported that its net income attributable to the company for the third quarter increased to 2.

Seeking Alpha on MSN · 1d

Toyota boosts EV and battery production in China and U.S. as Q3 profit soars

Toyota Motor (NYSE:TM) is ramping up its electric vehicle (EV) and battery production efforts with new initiatives in both China and the U.S., following a surge in its third quarter profit. The company has partnered with the Shanghai government to build a new facility in Jinshan district,

Toyota, Shanghai and EV

scmp.com on MSN · 20m

Shanghai aims to reclaim China’s top carmaking crown with 100,000-unit Toyota plant

The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs from 2027.

UPI News on MSN · 1d

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.

Fortune on MSN · 1d

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.

1d

Toyota: Potential Trade-War Winner As Japan Sits On Sidelines

Toyota's recent earnings report showed a 4.8% revenue increase but a 13.2% decline in operating income. Learn more about TM ...

1d

Toyota raises profit view 9%, cites overall business strengthening

Japan's Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ...

1d

Toyota operating profit drops on lower Japan sales

Toyota Motor has posted its first decline in group operating profit for the April-to-December period in two years. The ...

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Toyota's North Carolina Battery Plant Is Ready To Roll

Ensuring it has enough of these energy reservoirs to electrify its future U.S. product portfolio, on February 5, Toyota ...

3d

Toyota likely to post second straight profit drop as sales growth cools

Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings ...

autoevolution6d

Toyota Remains the World's Most Valuable Auto Brand, Also the Biggest Carmaker in 2024

Just before January ended, the Japanese automaker Toyota Motor Corporation announced its final results for last year - ...

1don 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 ...

1d

Honda-Nissan tie-up failure leaves Japanese automakers' future hazy

A once-envisioned historic tie-up between Honda Motor Co. and Nissan Motor Co. is on the brink of collapse, forcing the two ...

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