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The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota’s premium Lexus brand. Read More
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https://fortune.com/asia/2025/02/05/toyota-earnings-new-lexus-ev-plant-shanghai-china/
Lionel Lim
Toyota unveils a plan to become ‘more loved’ in China by taking a page out of Tesla’s playbook: A wholly owned Shanghai EV plant
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