Toyota starts building Lexus plant for electric vehicles in Shanghai

Toyota starts building Lexus plant for electric vehicles in Shanghai

Toyota has started building its first wholly-owned plant in Shanghai with the aim of making electric vehicles for its premium Lexus brand Toyota has started building its first wholly-owned plant in Shanghai with the aim of making electric vehicles for its premium Lexus brand. The facility will have an expected production capacity of 100,000 vehicles annually, according to a June 27 post published by the Shanghai Economic and Information Technology Committee. Toyota is aiming to complete the init...
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Toyota Kirloskar All-New Camry Hybrid Electric Vehicle Unveiled

Toyota Kirloskar All-New Camry Hybrid Electric Vehicle Unveiled

Bangalore: Toyota Kirloskar Motor today unveiled the All-New Camry hybrid electric vehicle, designed to be a “Sedan to the Core”. Reiterating its commitment towards realising the carbon neutral goals, the All-New Camry Hybrid Electric Vehicle is equipped with advanced 5th generation hybrid technology, delivering significantly improved efficiency and enhanced performance. This new model brings unmatched sophistication with cutting-edge safety features, elevated exteriors and interiors, se...
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Toyota Set To Invest Heavily On Electric Vehicles And Artificial Intelligence

Toyota Set To Invest Heavily On Electric Vehicles And Artificial Intelligence

Toyota, often considered a reluctant follower in the electric vehicle race, is making a dramatic U-turn with a hefty investment push into EV development and artificial intelligence. This is a significant shift in strategy for the Japanese giant, which has long advocated for hydrogen fuel cell technology to be the future of sustainable transportation. Spearheading this transformation is Toyota’s CEO, Koji Sato. Under his leadership, the company has recently seen record profits, and now Sato...
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PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles

PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles

PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles As announced by Toyota Motor Corporation (Toyota Motor) on March 5, 2024, Primearth EV Energy Co., Ltd. (PEVE) will become a wholly-owned subsidiary of Toyota Motor. Capitalizing on the technology fostered through our hybrid vehicle battery business to date, we plan to contribute to Toyota Motor’s multi-pathway strategy in the battery business and intend to change our company name to...
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