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Lexus Acquires Prime Land in Jinshan, Shanghai for Over 1.3 Billion Yuan and Establishes a Wholly-Owned Subsidiary
2025-04-15 /
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Author：小编
Lexus (Shanghai) New Energy Co., Ltd. has invested 1.3534 billion yuan to secure a prime industrial plot in Jinshan District, Shanghai, spanning approximately 1.1278 million square meters. This strategic acquisition is earmarked for the production of new energy vehicles and batteries. The company, established in February 2025, is headed by Takeo Kato as its legal representative and boasts a substantial registered capital of 107.1 billion yen. The project mandates a minimum fixed investment of 14.24 billion yuan, underscoring Lexus's commitment to the Chinese market.
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