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Shanghai aims to reclaim China’s top carmaking crown with 100,000-unit Toyota plant

SCMP LogoSCMP5h ago

Shanghai aims to reclaim China’s top carmaking crown with 100,000-unit Toyota plant - SCMP

Quick Summary:

The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs from 2027.

The Toyota plant is the second fully owned car venture by an overseas company on the mainland, following Tesla’s Gigafactory at Shanghai’s Lingang free-trade zone, which launched production in late 2020.

Shanghai has taken a big step towards reclaiming the title as the country’s largest vehicle production hub following Toyota Motor’s plan to make cars in the city.


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Article Details

Author / Journalist: Daniel Ren

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 07:30:07 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 227 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 46 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 25949331

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 13 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 1 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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  • URL: https://beamstart.com/news/shanghai-aims-to-reclaim-chinas-17388862484614

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