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Toyota to set up wholly owned EV, battery unit

Hosted on MSN · 21h

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 · 23h

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 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

Toyota raises full-year profit outlook by 9% to nearly $31 bln

Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ability to ride out any potential U.S. tariffs.

Bloomberg L.P. · 23h

Toyota Raises Annual Profit Guidance Despite Drop in Quarter

Toyota Motor Corp. raised its annual operating profit outlook even though quarterly income fell short of estimates due to a downturn in global sales and production, indicating that it sees activity picking up at a faster pace later.

The Financial Times · 22h

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.

2d

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 ...

1h

SUV test: 2025 Hyundai Tucson Hybrid vs 2025 Toyota RAV4 Hybrid

Both hybrid SUVs provide comfortable and supportive seats, but the Tucson Hybrid’s are more plush. Both hybrid SUVs boast ...

10hon 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.

23hon MSN

Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates

Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market ...

16hon MSN

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.

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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 ...

6h

Someone Turned a $100 Toyota Into This Koenigsegg Jesko Clone

This imitation hypercar has flip-up doors like the real thing, and the same engine as a '90s Corolla behind the driver.

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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 ...

2don MSN

College Station resident killed in Burleson County crash Sunday

One driver was killed in a two-vehicle crash Sunday night on Highway 21 in Burleson County. It happened just east of FM 60 ...

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