Feb. 5 (UPI) --Toyota said Wednesday it will build an EV plant in Shanghai, China, to produce a new Lexus brand electric vehicle. Toyota said in a statement it would establish a "new wholly-owned ...

Toyota Motor Corporation, Japan’s leading automaker, announced this week that it plans to establish a wholly-owned subsidiary in China to produce battery electric vehicles (BEVs) under its luxury ...

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost $30 billion. China overtook Japan as ...

The Lexus IS may not be new, but it’s not done yet. First introduced in 2013, the current generation of Lexus’s compact sport sedan has somehow dodged obsolescence through a string of timely updates.

Japan's Toyota said Wednesday it will build an electric vehicle and battery plant in Shanghai for its luxury Lexus brand, at a time when many foreign automakers are struggling in China. The Barron's ...