Toyota Launches Second Model In Its bZ Series

  • Toyota Motor Corp TM has launched a small electric sedan, Toyota bZ3, the second model in its bZ (beyond zero) series.
  • The bZ3 is a battery electric sedan jointly developed for the Chinese market by BYD Toyota EV Technology Co Ltd (BTET), a joint venture established by Toyota and BYD Company Ltd. (BYD) and FAW Toyota Motor Co. Ltd (FAW Toyota).
  • It will be produced by and sold through the FAW Toyota dealer network.
  • The electrification system combines BYD's lithium-ion LFP battery using lithium iron phosphate and Toyota's electrification technologies, achieving a maximum cruising range of over 600 km.
  • Also ReadRolls-Royce Chief Touts Its Debut EV As 'Most Perfect' Product; Bags Massive Orders Even Before Launch
  • Price Action: TM shares are trading higher by 0.67% at $134.65 on the last check Monday.
  • Photo Via Company
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