Tokyo (AFP) Dec 24, 2024
Toyota plans to build an electric vehicle factory in Shanghai for its luxury Lexus brand, media reports said on Tuesday, at a time when many foreign automakers are struggling in China.
The world's top-selling automaker aims to bring the factory online around 2027 and will operate it without a local partner, Japan's Nikkei business daily said, citing sources.
That would make it the first
