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

With shares under $1, Nikola (NASDAQ: NKLA) is risking bankruptcy, underscoring the larger difficulties smaller EV firms like Lucid (NASDAQ: LCID) and Rivian (NASDAQ: RIVN). While conventional ...

Analysts, experts and professionals from the industry spoke out about their concerns at the 31st Automotive Insights ...

After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to ...

The struggling Japanese carmaker is withdrawing from talks, the Nikkei business daily and other local media reported.

Tesla and Xpeng are offering rebates on car insurance and loans in February in response to BYD’s price cut in December.

Chinese electric car titan BYD has overtaken Tesla in British sales for the first time as public opinion sours towards Elon ...

Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Feb. 5, under a new partnership with the Shanghai government.

The landmark EV merger, which would create the world’s third-largest automaker, may not happen after all. Honda and Nissan’s ...

EV adoption is accelerating with a record 1.7 million sales in September alone. New analysis reveals that an EV is sold every 2.83 seconds ...

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.