Volkswagen's SEAT, the Spanish subsidiary of Europe's largest carmaker, will be forced to cut output and lay off around 1,500 ...
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Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai ...
The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the ...
Economic, political, and environmental trends are accelerating Central Asia’s shift to EVs, and Chinese firms are at the ...
Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.
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Toyota to build new Lexus EV plant in ShanghaiToyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.
BYD’s Song Plus (PHEV and EV) was the best-selling model in the lineup, with over 51,300 sold last month. Its low-cost Seagull EV, starting at under $10,000 in China, was the second-best seller, with ...
China announced sweeping export controls on Tuesday targeting five metals used across defence, clean energy and other ...
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