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Toyota Breaks Ground on the First Independent Lexus EV Plant in China
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4 Articles
SHANGHAI, June 27 (Xinhua) — Japanese automaker Toyota Motor Corporation on Friday broke ground on a new Lexus electric vehicle (EV) plant in east China’s Shanghai Municipality. The plant, located in Jinshan District, will also include a battery research and production base. Production is […] The post Toyota breaks ground on new electric vehicle plant in Shanghai appeared first on Monitor Mercantil.
Toyota breaks ground on Lexus EV plant in Shanghai
Japanese auto giant Toyota Motor Corporation officially broke ground on a new manufacturing facility for its Lexus electric vehicles (EVs) in Shanghai’s Jinshan District on Friday. Alongside the EV assembly plant, the site will also house a battery research and production facility. Toyota aims to begin production by 2027, with an initial annual output of around 100,000 vehicles. Jiang Juwang, head of Jinshan District’s investment promotion offic…
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