Toyota has been slow on the uptake when it comes to EVs in the North American market, but the Japanese automaker is singing a different tune in China.

Toyota has reportedly decided to build a new EV plant in China in hopes of clawing back business from BYD and other Chinese-owned rivals.

Toyota Motor reportedly plans to set up a new plant in Shanghai, China, to produce EVs for its luxury Lexus brand. This would mark the first fully-owned manufacturing facility by a Japanese automaker in China,

Toyota, the world’s leading automaker, is setting its sights on expanding its electric vehicle (EV) presence in the Chinese market

Toyota plans to open a factory in Shanghai around 2027 to build next-generation Lexus EVs. The new manufacturing facility will serve an important role in Toyota’s planned Chinese expansion as it aims to double local production by the decade’s end.

Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei business daily reported on Monday. The company will produce its luxury car brand Lexus at a new plant in Shanghai,