Toyota to build Lexus EV plant in China: reports

Tokyo (AFP) Dec 24, 2024

Toyota plans to build an electric vehicle factory in Shanghai for its luxury Lexus brand, media reports said on Tuesday, at a time when many foreign automakers are struggling in China. The world's top-selling automaker aims to bring the factory online around 2027 and will operate it without a local partner, Japan's Nikkei business daily said, citing sources. That would make it the first