Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
SHANGHAI, June 27 (Xinhua) — Japanese automaker Toyota Motor Corporation on Friday began construction of a plant to produce Lexus brand electric vehicles in Shanghai, east China.
The new plant, located in Shanghai’s Jinshan District and also including a battery development and production base, will roll out its first vehicles as early as 2027, with an initial production capacity of 100,000 units per year.
Jiang Juwang, director of the Jinshan District Investment Promotion Office, said that although Jinshan is not an auto hub, the fact that it is located in the geometric center of the Yangtze River Delta allows it to bring together component suppliers, research and development centers and auto companies based in Shanghai.
This “one-hour supply chain radius” enables Toyota to make local purchases for key production processes, Jiang Juwang said.
Remarkably, the entire process from the signing of the strategic cooperation agreement between the Shanghai government and Toyota on April 22 to the start of construction of the plant took just over two months. -0-