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Toyota to set up wholly owned EV, battery unit

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,

Reuters on MSN · 1d

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.

AOL · 18h

Toyota stock climbs on guidance boost, new China EV unit

Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV unit in China.

Toyota raises profit forecast

Reuters · 21h

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 ability to ride out the impact of any potential U.S. tariffs.

The Financial Times · 1d

Toyota raises profit forecast and aims to double down in China

Toyota raised its full-year profit forecast on cost-cutting efforts, despite recording a second consecutive quarterly drop in profit, as sales growth driven by a hybrid boom cooled off. The world’s largest automaker said on Wednesday that operating profit came in at ¥1.

The Wall Street Journal on MSN · 1d

Toyota Raises Earnings Guidance After Profit Jumps

Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.

16h

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 ...

Intellinews on MSN4h

Toyota to open fully-owned EV plant in Shanghai, increase operations in the US

By bno - Taipei Bureau Toyota Motor Corp. has revealed plans to establish a wholly-owned electric vehicle (EV) and battery ...

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 ...

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 ...

15hon MSN

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.

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 - ...

4don MSN

Ex-Toyota worker helps Japan's foreign residents with work, life and futsal

Morihiro Masada left his career at Toyota Motor Corp. to focus entirely on helping foreign residents in Japan find work an ...

Paul Tan1d

Toyota GR Corolla facelift in Japan – 6MT and 8AT, exclusive Circuit Mode with anti-lag, from RM163k

Toyota may be Japanese, but it’s taken a surprisingly long time to bring the facelifted GR Corolla to its home country. The ...

Toyota Boosts Earnings Guidance, to Set Up China EV Unit

Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.

中国日报网7h

Toyota to build new EV plant in Shanghai

SHANGHAI/TOKYO -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker ...

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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