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Toyota to set up wholly owned EV, battery unit
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,
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,
Toyota to set up wholly owned EV, battery unit in China
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the Lexus brand, with production set to start in 2027, the world's top-selling automaker said on Wednesday.
2h
Tesla, Xpeng reignite China EV price war with insurance and loan subsidies
Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.
6h
on 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 the same in 2019.
Electrek
3h
Tesla brings new discount to China amid demand slump
Tesla has implemented a new discount on Model 3 vehicles in China, the world’s biggest EV market, amid a worldwide demand ...
TechNode
8h
Xpeng beats Li Auto to become China’s top-selling EV startup in January
Xpeng chief executive He Xiaopeng said on Wednesday he expected the company’s annual deliveries to double this year.
electrive
6h
German car manufacturers achieve 5% EV market share in China
In China, the combined electric market share of Volkswagen, Audi, BMW, Mercedes and Porsche was only around five per cent ...
1h
Benchmark Mineral Intelligence EV Battery Metal Prices
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,700 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,625 BMI Cobalt Sulphate, EXW China, >20.5% Co 3,554 BMI Nickel ...
4h
Chinese EV brands set ambitious target for 2025, with incentives to tap govt's trade-in programs
A number of Chinese electric vehicle (EV) brands have announced ambitious sales targets for 2025, with some eyeing over 100-percent year-on-year growth, the Global Times learned on Wednesday. Speaking ...
3h
Xiaomi’s HK$1 trillion market value, self-driving features in new Chinese cars: 5 EV reads
From Xiaomi’s market value surpassing HK$1 trillion to self-driving features in new Chinese cars, here are five EV stories ...
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