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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 under a new partnership with the Shanghai government.
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.
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
on MSN
Japan's 2024 food exports hit record high despite China's seafood import bans
Japan's exports of agricultural, forestry and fishery products rose 3.7% to a record high in 2024, despite China's ban on ...
1d
OpenAI’s Altman says ‘no plans’ to sue China’s DeepSeek
DeepSeek rattled Silicon Valley with its powerful and apparently cheaply developed chatbot. Read more at straitstimes.com.
Kyodo News on MSN
7d
Tokyo stocks rebound on firm tech as concern over China AI eases
Tokyo stocks rebounded Wednesday, with the Nikkei ending a three-day losing streak, as technology shares gained on easing ...
14h
on MSN
Stock market today: Asia shares trade mostly lower as as investors weigh impact of US-China tariffs
Asian shares were mostly lower Wednesday as markets mulled the impact of tariffs being imposed by the United States and China ...
Opinion
5d
Opinion
Ishiba Nudges His ‘Little Japan’ Closer to China
Japan’s leader is finally set to meet Trump, three months after the US president’s election victory. Why has he spent that ...
Kyodo News on MSN
1d
Tokyo stocks rebound as US delays tariffs on Mexico, Canada
Tokyo stocks rebounded Tuesday as fears over a potential trade war eased after the United States suspended planned tariffs on ...
9d
on MSN
US Ally To Put More Missiles Near China's Coast
Type 03 Chu-SAM surface-to-air missiles are set to be deployed on Japan's westernmost island of Yonaguni, 110 kilometers (68 ...
2d
Tokyo, Seoul stocks drop on US tariffs
TOKYO: Shares in Tokyo and Seoul fell more than two per cent in early trade on Monday (Feb 3) in response to US President ...
9h
on MSN
Tokyo tech IPO soars but Seoul deal tanks 10% in volatile Asian markets
SYDNEY/SEOUL, Feb 5 (Reuters) - Shares of a small Japanese technology firm shot up nearly 60% on its first day of trade on ...
5d
Japan scrambles to secure US commitment as Trump considers direct China talks
PM Shigeru Ishiba seeks to reassure Washington of Tokyo’s commitment to the US-Japan alliance and its presence in the region, ...
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