Toyota Launches New All-Electric Sedan In China

March 18th, 2024 by

Toyota Camry

Toyota has announced that it will have a new all-electric subcompact sedan on the market in China by late 2022. The model will be small but roomy and affordable. It is the result of a goal for Toyota to find an affordable model that doesn’t compromise when it comes to providing comfort to the passengers.

Toyota is partnering with BYD from China, which will provide lithium-iron-phosphate Blade batteries. The batteries are one reason why the cost of this new sedan will be more affordable. BYD is also a manufacturer of electric vehicles.

The new EV model will be built just slightly larger than the Corolla, which is the best-selling model of all time. This new model will have more room in the rear seat and will likely be launched as part of the new bZ series from Toyota for electric cars. This model will be unveiled at the Beijing auto show, which is slated for April.

The Competition For Affordability

Toyota’s new EV model for China will be priced competitively and lower than Tesla and other electric models. In US dollars, it is expected to carry a price of around $30,000. It will be the first time that Toyota has been able to compete with BYD models in China. The latter has the Tang plug-in hybrid, which is around 30 percent cheaper than Toyota electric models.

In the past, many Chinese auto manufacturers were deemed to be lower in quality. Today, these models have been improved to show higher quality and be more competitive with brands like Toyota while still being cheaper. Toyota and BYD now have a joint venture in research and development.

Toyota’s Commitment To Electric

Toyota is committed to going all-electric. However, it won’t become zero emissions as a brand until renewable energy is more readily available. The manufacturer has developed a division, which is located in Japan for zero-emissions vehicles, called ZEV Factory. At this location, lower-cost batteries are being developed.

One of the challenges that Toyota has faced has been in not compromising on comfort with EV models. Because of the bulky batteries needed, there has been less room for passengers. With the partnership with BYD, Blade batteries are more compact, taking up less space. They are also less expensive, which helps lower the cost of manufacturing the vehicle.

There are other benefits to these batteries. They have a longer life on the shelf and are less likely to overheat. They don’t require cobalt or nickel for the Blade batteries.

One of the significant differences between Toyota and BYD is in quality and dedication to detail. Toyota has three design prototypes and three manufacturing prototypes with some models being driven nearly 100,000 miles. BYD uses two prototypes and can make changes late in the game. Toyota will have to decide whether it sticks with its own processes, ignoring BYD as being too loose or if it can learn from those processes to improve on the cost and design of its own models. In the end, Toyota won’t forget about quality, which the brand is known for.

Posted in Uncategorized