China Focus: Toyota to build new EV plant in Shanghai
SHANGHAI/TOKYO, Feb. 5 (Xinhua) -- In a strategic move to bolster its presence in the world's largest automotive market, Japanese automaker Toyota Motor Corp. announced on Wednesday that it will construct a new wholly-owned electric vehicle (EV) manufacturing plant in Shanghai.
The plant, located in Jinshan District in southwest Shanghai, will develop a new battery electric vehicle under the Lexus brand, with pr