Cleantech & EV'sNews

Toyota breaks ground on the first independent Lexus EV plant in China, but there's more

June 30, 2025
Toyota is finally getting into the game in the world’s largest EV market. On Friday, Toyota officially broke ground on the new Lexus EV plant in Shanghai, its first fully owned manufacturing facility in China and the second in the region, following Tesla. Toyota is building a new Lexus EV plant in China After officially announcing it would open a wholly-owned EV plant in China to build new…
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Cleantech & EV'sNews

BYD is selling more EVs than ever, so why is it trimming production in China?

June 27, 2025
BYD is coming off its best sales month of the year after slashing EV prices in late May. However, it may not be enough, as several sources claim BYD is cutting production in China due to slowing sales. Why is BYD cutting EV production in China? With nearly 382,476 new energy vehicles (NEVs) sold globally in May, BYD notched its best sales month of 2025. Like most carmakers in China, BYD reports…
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Cleantech & EV'sNews

Toyota is tweaking EV plans in the US again with two new 3-row electric SUVs en route

June 26, 2025
Toyota is still planning to build a three-row electric SUV in the US, but it won’t be in Indiana as planned. In a sudden shift of plans, Toyota will build it alongside a second electric three-row SUV as it consolidates EV production in the US. Toyota to build two new three-row EV SUVs in the US It has been over two years now since Toyota first unveiled the three-row electric SUV, which was…
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Cleantech & EV'sNews

Toyota is about to hike vehicle prices, but by how much?

June 25, 2025
Toyota is the latest car maker with plans to raise vehicle prices in the US. The price hikes apply to Toyota and Lexus-branded models built from July 1. Here’s how much more you can expect to pay. Why is Toyota raising vehicle prices in the US? If you were planning on buying that brand-new Toyota, you might want to get on it. Starting next month, the average cost of a new Toyota will increase by…
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