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Toyota launches an electric sedan powered by BYD batteries in China

October 24, 2022

Toyota Motor announced on Monday the launch of a small electric sedan, which will be powered by BYD batteries and will be produced and sold in China. The model, which would be called the Toyota bZ3, is the second model in the new Beyond Zero (bZ) series of battery electric vehicles (BEVs) from Toyota. The first bZ car, the bZ4X sport utility vehicle, was to hit the market in China earlier this year, but a global recall of the car forced Toyota to suspend production of the model globally. The Japanese automaker had planned to unveil the bZ3, which uses BYD's less bulky Blade batteries, at the Beijing auto show in April, but the event was canceled because of the COVID-19 pandemic. Pricing for the bZ3 has yet to be determined, but Reuters, citing people familiar with the matter, previously said it could cost around 200,000 yuan ($27536), nearly 30% less than the entry-level Tesla Model 3. The bZ3 model will be produced in Tianjin at a pace of 30,000 vehicles a year on the same assembly as the bZ4X, according to Reuters. The plant is jointly operated by Toyota and one of its two Chinese partners, FAW Group. Toyota signed an agreement with BYD in 2019 to establish a joint venture to conduct research and development of EVs.https://en.pingwest.com/w/10916



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