Toyota opens new NEV production line in Guangzhou | Jobs Reply

Toyota Motor rolled out a new production line in China this week dedicated to new energy vehicles (NEVs), or battery electric and plug-in hybrid vehicles, according to local reports.

The new line was built within an existing production complex located in Guangzhou, Guangdong Province, China, operated by the Japanese automaker’s local joint venture company, Guangzhou Toyota Motor Company Limited (GTMC).

GTMC was established in 2004 as a joint venture between Guangzhou Automobile Group (GAC Group) and Toyota Motor, with each company owning a 50% stake.

The new production line covers an area of ​​740,000 square meters and has a production capacity of 200,000 vehicles per year, increasing GTMC’s overall capacity to over one million vehicles per year. As a result GTMC became the largest vehicle manufacturing company in terms of production capacity within the Toyota Motor Group.

Earlier reports showed GMTC sales in China rose 31% to 845,608 units in the first ten months of 2022.

Toyota has a China JV in Tianjin with FAW and another with BYD.

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