The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand.

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.

As Geely is on the cusp of launching its first new-generation product in Australia, it has revealed more plug-in hybrids as ...

Interest in EVs is coming off the boil in Australia, but hybrids and PHEVs are more than making up for the shortfall in sales ...

Mazda could have an electric SUV to rival the Tesla Model Y on the horizon, and it might be headed here sooner than we think.

Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a ...

Xpeng chief executive He Xiaopeng said on Wednesday he expected the company’s annual deliveries to double this year.

The automaker now expects a profit of ¥4.7 trillion ($31 billion) for the fiscal year ending March, up from its previous ...

Toyota is, in our view, in excellent financial shape, and we believe its balance sheet is one of the strongest in the auto sector. The company has a small debt load and substantial cash holdings.

Economic, political, and environmental trends are accelerating Central Asia’s shift to EVs, and Chinese firms are at the ...

In the near term, electric vehicle startup Polestar's goal is to go more upmarket: more premium, more performance, more ...

Tesla has implemented a new discount on Model 3 vehicles in China, the world’s biggest EV market, amid a worldwide demand ...