Carmaker Toyota to build Lexus EV plant in China: Reports

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TOKYO Toyota plans to build an electric vehicle factory in Shanghai for its luxury Lexus brand, media reports said on Dec. 24, at a time when many foreign automakers are struggling in China . The world's top-selling automaker aims to bring the factory online around 2027 and will operate it without a local partner, Japan's Nikkei business daily said, citing sources. That would make it the first Japanese vehicle factory of its kind in China, according to the Nikkei. Toyota declined to confirm the

Carmaker Toyota to build Lexus EV plant in China: Reports https://www.hurriyetdailynews.com/ - 24.12.2024 10:49

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Carmaker Toyota to build Lexus EV plant in China: Reports https://www.hurriyetdailynews.com/ - 24.12.2024 10:49