Toyota Motor Corporation said Monday that it is preparing to manufacture a small electric sedan in China powered by BYD Blade batteries.
Quoted from Reuters, Tuesday (10/25/2022) a Japanese car manufacturer will name the small electric sedan BZ3.
As is known, the China-only bZ3 electric sedan, jointly developed with BYD, will be the second model in Toyota’s new “Beyond Zero” (bZ) battery electric vehicle (BEV) series.
Toyota had originally planned to unveil the bZ3 electric sedan at the Beijing auto show last April, but the event was canceled due to the Covid-19 pandemic.
Meanwhile, a source says that the bZ3 electric sedan will resemble the Corolla model, but with a larger rear seat.
The source also revealed the selling price of the bZ3 electric sedan is 200,000 yuan, or about 28,000 US dollars.
The plan, the bZ3 electric sedan will be produced at the Tianjin factory, China with a production capacity of 30,000 vehicles per year.
The plant will be operated by Toyota together with the FAW Group.