Toyota teams up with China’s EV maker BYD for its all-electric sedan
Category: #technology  By Pranali Mehta  Date: 2021-12-06
  • share
  • Twitter
  • Facebook
  • LinkedIn
Toyota teams up with China’s EV maker BYD for its all-electric sedan

Toyota Motor Corporation has reportedly partnered with Chinese EV maker BYD Co. Ltd. to develop its upcoming small electric sedan. The Japanese automaker has turned to BYD to tackle its difficulty with developing a low-cost electric vehicle.

For a while now, Toyota has been struggling to develop a mini electric vehicle that is sustainable as well as competitive. Speculations have it that a partnership with BYD to develop an all-electric small Sedan could play a key role for Toyota in strengthening its EV portfolio.

The new EV will be slighter bigger as compared to the Corolla model which is known to be the world’s best-selling car of all time. This apparent electric sedan will use BYD’s advanced technology including the less bulky lithium-iron-phosphate blade batteries and its other lower-cost engineering techniques.

The Japanese automaker intends to unveil the first look of the EV at the Beijing auto show that will be held in April next year. It will be launched as the second model in Toyota’s latest bZ series of all-electric vehicles, which will only be available in China in the beginning. 

Although Toyota’s upcoming EV will be placed below the widely popular EVs such as Model Y by Tesla or the Nio ES6, the potential e-Sedan is expected to be placed above China’s current best-selling EV, which is the Hong Guang Mini EV model.

Moreover, the electric car is also coming at the time when Toyota is facing backlashes from several environmental organizations over claims that the automaker has been prolonging the commercial value of the hybrid technology.

According to experts keeping track of the development, Toyota’s upcoming electric mini Sedan will cost below 200,000 yuan (Approx. USD 30,000) as per the current exchange rates.

Source Credits-

https://auto.hindustantimes.com/auto/news/toyota-partners-chinese-ev-firm-byd-for-its-all-electric-small-sedan-report-41638678939471.html

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Pranali Mehta

Pranali Mehta    

Pranali Mehta boasts of over three years of experience as a content writer. Having completed her graduation in chemical engineering, she worked as safety & environment associate in a chemical company for a year. Harnessing her passion for writing however, Pranali deci...

Read More >>

More News By Pranali Mehta

WhatsApp to soon allow iOS users to hide online status from everyone
WhatsApp to soon allow iOS users to hide online status from everyone
By Pranali Mehta

WhatsApp, the meta-owned messaging and video calling app, is reportedly working on a feature that will offer iOS users the ability to hide their online status from everyone. As per credible source, the feature is expected to come in its update as it ...

Petrofac collabs with Hitachi over offshore joint grid integration
Petrofac collabs with Hitachi over offshore joint grid integration
By Pranali Mehta

Petrofac, an international energy services company, and Hitachi Energy have recently collaborated to provide a joint grid integration and linked infrastructure for supporting the fast-growing offshore wind market. As per sources, this collaboratio...

Street Lighting Control System Market Size, Share to Generate Lucrative Revenues By 2028
Street Lighting Control System Market Size, Share to Generate Lucrative Revenues By 2028
By Pranali Mehta

The research report on Street Lighting Control System market Added by Market Study Report proposes a comprehensive study on the recent industry trends. In addition, the report presents a detailed abstract of the growth statistics, revenue estimation,...