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Lexus New Energy Corporation Officially Establishes Shanghai Base, Anticipating 2027 Production Launch at Solely-Funded Factory
2025-02-19 /
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Author：小编
Lexus (Shanghai) New Energy Co., Ltd. has recently been officially inaugurated, with Kato Takero appointed as its legal representative and a substantial registered capital of 107.1 billion yen (approximately RMB 5.13 billion). This venture is a wholly-owned subsidiary of Toyota Motor Corporation, encompassing a broad spectrum of operations including automotive component R&D, software development, mechanical equipment and motor control system R&D, automotive sales, sales of fully electric new energy vehicles, and spare parts wholesale. Based in Jinshan District, Shanghai, the company aims to spearhead the R&D and production of LEXUS pure electric vehicles and batteries.
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