Loading...
Market
What will be the primary energy source for Toyota's Shanghai EV factory?
2
Resolution / Starting Odds
Coal • 25%
Natural Gas • 25%
Renewables • 25%
Nuclear • 25%
Official statements from Toyota or energy supply contracts
Story
Toyota to Build First Independent EV Factory in Shanghai, China for Lexus Models
Dec 23, 2024, 03:19 PM
Toyota Motor Corporation has announced plans to construct a new factory in Shanghai, China, dedicated to the production of electric vehicles (EVs), specifically luxury Lexus models. This facility will be Toyota's first independently operated plant in China, aimed at enhancing the company's control over its operations in the world's largest automotive market. The decision reflects Toyota's strategic shift towards electric vehicle production amid increasing global demand for EVs.
View original story
Similar markets
Solar • 25%
Wind • 25%
Hydro • 25%
Fossil Fuels • 25%
Renewable energy • 25%
Fossil fuels • 25%
Nuclear energy • 25%
Mixed sources • 25%
Solar energy • 25%
Grid electricity • 25%
Wind energy • 25%
Other renewable sources • 25%
Diesel • 25%
LNG • 25%
Electric • 25%
Biofuels • 25%
Lexus RZ • 25%
Lexus UX • 25%
New Model • 25%
Other Existing Model • 25%
China • 25%
Australia • 25%
Chile • 25%
Other • 25%
Turkey • 25%
European Union • 25%
Middle East • 25%
Other • 25%
Less than 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
More than 60% • 25%
Electric Vehicles • 25%
Consumer Electronics • 25%
Energy Storage Systems • 25%
Other • 25%