Toyota

Lexus' EV plant in Shanghai is expected to be completed in August 2026 and begin production in 2027, with an annual production capacity of 100,000 cars.

GAC Toyota will appoint local personnel with the deepest understanding of the Chinese market to lead R&D efforts, including new models and facelifts.

The Toyota bZ5 is the latest comeback by a joint venture automaker in China after the Nissan N7.

The land is located in Jinshan district in southwestern Shanghai and covers an area of about 1.13 million square meters.

Toyota's bZ3X seems to be seeing good initial acceptance, securing over 10,000 orders in its first hour of launch.

The new plant is scheduled to start production in 2027 with an initial capacity of about 100,000 units per year.

The models will be sold in China and also to overseas markets such as Japan, according to local media.

In the meantime, Xpeng, one of the first EV makers to use LiDARs, will ditch the component on its upcoming new model, the P7+.

Toyota is in discussions with Shanghai authorities about the possibility of building a wholly owned factory to produce Lexus' EVs, according to Bloomberg.

GAC Toyota and Momenta have jointly created a full-scenario smart driving solution, and the bZ3X will be the first to feature it.