Toyota to build Lexus EV plant in China: reports
Tokyo (AFP) Dec 24, 2024
Toyota plans to build an electric vehicle factory in Shanghai for its luxury Lexus brand, media reports said on Tuesday, 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
Toyota plans to build an electric vehicle factory in Shanghai for its luxury Lexus brand, media reports said on Tuesday, 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