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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,
Profit up for Japanese carmaker Toyota in its third quarter
Profit increased for Japanese vehicle manufacturer Toyota in its third quarter compared to the same period of the previous year. Toyota reported that its net income attributable to the company for the third quarter increased to 2.
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.
4h
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 ...
Hosted on MSN
1h
Toyota Downgraded After Second Straight Profit Drop, But Stock Climbs As Annual Outlook Improves: Retail Stays Optimistic
U.S.-listed shares of Toyota Motor Corp. jumped 4% on Wednesday afternoon, reaching a one-month high, despite the Japanese ...
3h
on 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.
1d
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 ...
11h
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 ...
TopSpeed
4h
The Toyota Hybrid Crossover That Outsold The Prius Twins In January 2025
You may be surprised, but the Prius Hybrid, along with the Prius Plug-In Hybrid, started the year out slow. In January, ...
8h
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.
3d
on 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 ...
7h
on MSN
Toyota Earnings Top Tesla’s. It Has Nothing To Do With Cars.
Toyota Motor is doing fine. Something beyond cars is helping. The Japanese auto maker reported fiscal third-quarter results ...
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