Lexus secures land in Shanghai to build a wholly-owned EV plant

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ATI News Team

Lexus, which has acquired a dedicated plot of land in Shanghai for $185 million to build EVs, plans to roll out its first BEV in mainland China by 2027

Lexus, the premium brand of Toyota, has recently acquired a significant plot of land in Shanghai's Jinshan district for the construction of its first electric vehicle plant in mainland China.

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