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Toyota to set up wholly owned EV, battery unit

Toyota plans EV, battery push in China and U.S. amid quarterly profit surge

The push comes as worries grow about a potential trade war brewing after President Donald Trump imposed tariffs on China and China retaliated.

UPI News on MSN · 1h

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.

Reuters · 15h

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 · 2h

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.

Electrek · 1h

Toyota’s first EV battery plant in the US is ready for business, but there’s more

After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to begin production and will start shipping batteries for North American electrified vehicles in April.”

Toyota raises profit forecast

Reuters on MSN · 6h

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 world's top-selling automaker raised its profit forecast for the current year through March 2025 to 4.

The Financial Times · 13h

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 · 13h

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.

6hon 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 ...

23h

Toyota, Honda & more recalling over 325K cars: Bring your car to the dealer ASAP, if you have one of these vehicles

The National Highway Traffic Safety Administration announced over 325,000 recalled cars from Honda, Toyota, Acura, Subaru and ...

2don MSN

2025 Toyota 4Runner vs. Land Cruiser: We Drove Both, Here’s How They Compare

For example, both the Land Cruiser and 4Runner have the same 112.2-inch wheelbase, the same eight-speed automatic ...

The 2025 Toyota 4Runner is shockingly ready for whoops

Equipped with tuned shock absorbers from Bilstein, Fox, and Old Man Emu, the new 4Runner is adaptable for on- and off-road ...

Honda, Toyota, Acura among over 325,000 vehicles recalled: Check car recalls here

The National Highway Traffic Safety Administration issued multiple recalls last week, including notices for nearly 300,000 ...

Test-Driving The Texas-Styled 2025 Toyota Sequoia 1794

Toyota created a Texas-inspired luxury grade and called it 1794 after the founding year of the land where it's built. Learn ...

Toyota sells 10.8 million vehicles in 2024 to remain world's top-selling automaker

Toyota Motor 7203.T sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for ...

Toyota Tacoma Named Truck of Texas

"The Truck of Texas award is prestigious and competitive, and the Tacoma has truly earned the title," said TAWA President ...

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Toyota to set up wholly owned EV, battery unit

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