Toyota China today announced that Toyota Motor Corporation had reached an agreement with the Shanghai Municipal Government to collaborate on initiatives supporting China’s green and low-carbon development. Toyota has decided to establish a research and production company for Lexus pure electric vehicles and batteries in Shanghai’s Jinshan District. Leveraging Shanghai's industrial ecosystem, the new company will accelerate Lexus EV development, with production set to begin in 2027. Toyota also plans to expand efforts in logistics, hydrogen energy, autonomous driving, and battery recycling across the Yangtze River Delta.