Toyota reportedly considers acquiring struggling Neta Auto to accelerate China EV plans, while Neta seeks rescue from financial collapse and production halt
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The second major foreign automaker after Tesla to operate independently in China
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The land is located in Jinshan district in southwestern Shanghai and covers an area of about 1.13 million square meters.
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It got 10,000 orders in hour following the launch.
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Toyota's bZ3X seems to be seeing good initial acceptance, securing over 10,000 orders in its first hour of launch.
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The new plant is scheduled to start production in 2027 with an initial capacity of about 100,000 units per year.
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The Toyota bZ3C will launch in early 2025 and promises to be a relatively competitive EV in the Chinese market.
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A new all-electric sedan from Toyota debuted at the Guangzhou Auto Show. The bZ7 will go on sale in 2025 and will be powered by BYD.
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Electric motor and battery are sourced from BYD.
The post Toyota bZ3C, Prius-styled SUV, has BYD inside, regulator reveales appeared first on CarNewsChina.com.
Electric motor and battery are sourced from BYD.
The post Toyota bZ3C, Prius-styled SUV, has BYD inside, regulator reveales appeared first on CarNewsChina.com.