<p>Tokyo: Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei business daily reported on Monday.</p><p>The company will produce its luxury car brand Lexus at a new plant in Shanghai, the Nikkei reported citing several sources.</p>.Toyota Kirloskar Motor sales up 44% in November at 25,586 units.<p>Toyota has worked in China via joint ventures with local manufacturers but the Japanese automaker will build this factory and operate it independently, the report said.</p><p>Toyota aims to start operations at new plant around 2027, it said.</p><p>A Toyota spokesperson told Reuters the content of the report was not published by the company.</p>
<p>Tokyo: Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei business daily reported on Monday.</p><p>The company will produce its luxury car brand Lexus at a new plant in Shanghai, the Nikkei reported citing several sources.</p>.Toyota Kirloskar Motor sales up 44% in November at 25,586 units.<p>Toyota has worked in China via joint ventures with local manufacturers but the Japanese automaker will build this factory and operate it independently, the report said.</p><p>Toyota aims to start operations at new plant around 2027, it said.</p><p>A Toyota spokesperson told Reuters the content of the report was not published by the company.</p>