Toyota, CATL shut plants in Sichuan


Heat wave: A man walks past a Toyota dealer. The Japanese automaker shut a factory in the provincial capital of Chengdu and will keep operations suspended until Aug 20. — AP

BEIJING: Toyota Motor Corp and Contemporary Amperex Technology Co (CATL), the world’s top battery maker, are closing plants in China’s Sichuan province as a drought-induced power crisis worsens.

The Japanese automaker shut a factory in the provincial capital of Chengdu and will keep operations suspended until Aug 20, a company spokesperson said.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Merdeka 118 Community Grants backs nine projects under Cycle 3
Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets

Others Also Read