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Lexus to build a wholly-owned factory in Shanghai? Negotiations are coming to an end
On December 25, 2024, according to Nikkei coverage, Toyota Motor will build a new pure electric vehicle (BEV) factory in Shanghai and produce luxury Lexus electric vehicles there. The plant is expected to start production in 2027. The reporter received a reply from Toyota China and Lexus China, saying that there is no more detailed information, which is currently unofficial. The reporter learned from the two levels of government in the urban area that the negotiations between the two sides are c...
2024-12-25 03:45:11
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