Toyota

Toyota and FAW plan to build electric vehicle plant in Tianjin

Japanese automaker Toyota and its partner FAW Group plan to build a new electric vehicle plant in Tianjin with a planned investment of about 8.5 billion yuan (about $1.22 billion), according to Reuters.

Pony.ai valued at $3 billion in Series B funding, record high in China's self-driving industry

On February 26, autonomous driving company Pony.ai announced that it had raised $400 million in financing from Toyota Motor Corporation to deepen and expand cooperation between the two companies in the field of mobility.