icles for the Chinese market in collaboration with Chinese companies. Although the introduction of these vehicles in the Japanese market has not yet been decided, we analyzed the cockpit features of these vehicles as they may influence future designs in Japan. When comparing the cockpit HMIs of the bZ3, released by Toyota in collaboration with BYD Auto Co. Ltd. (BYD), the P7, released by Honda in collaboration with the Guangzhou Automobile Group ...

Market & Tech Reports  Updated at: 2025/12/15

or multiple models, including compact models and SUVs. The extremely high local production rate in the Chinese market (about 99% of components are produced locally) lowers costs and speeds up shipments. The company's e-Axle has already been applied to several mainstay models, including GAC-Toyota's bZ3X. The company's medium- to long-term goal is to capture a 40% to 45% share of the global electric drive system market by 2030.  Regarding financi...

Market & Tech Reports  Updated at: 2025/12/11

102 cells 369 51.0 Created by ITSEV Inc. The table can be scrolled left and right. Japan OEM Model Type Country of production Main plant Model year Cell supplier Battery type Total power (kWh) Cell shape Electrode Battery configuration Total voltage (V) Capacity (Ah） Toyota (FAW) bZ3 BEV China FAW Toyota Tianjin 2025 BYD LiB 50.03 / 67.92kWh LFP Toyota (GAC) bZ3X BEV China GAC Toyota, Guangzhou Nansha 2023 BYD LiB 49.9 / ...

Market & Tech Reports  Updated at: 2025/12/01

t over two months. The company will continue to aim for a comeback with the launch of the PHV N6. Toyota's sales volume for the first half of 2025 was 718,000 units, up 11.4% y/y. HV models such as the Avalon, Camry, Sienna, and Granvia, contributed to an increase in sales figures. In addition, the bZ3X EV, which went on sale in early March 2025, has been selling well thanks to its low price of approximately CNY 110,000, with sales reaching 22,00...

Market & Tech Reports  Updated at: 2025/11/14

Wire type Round wire Flat wire Round wire Winding type Distributed winding (cassette-type inserter) SC winding Distributed winding (newly developed inserter) Inverter IGBT IGBT SiC double inverter Mass production / development planning In mass production from February 2025 (Installed in the bZ3X sold by Toyota in China) 2027 SOP target Development products (mass production in 2028)   The 7-in-1 e-Axle/Gen3 integrates a DC-DC conver...

Market & Tech Reports  Updated at: 2025/08/29

auxiliary heat source for cabin heating and battery temperature control is believed to be the same as used on the Zeekr 007. LTEC Corporation (LTEC): Electric vehicle component teardown analysis LTEC's exhibit (entire exhibit photographed with permission) Display panel for planned analysis (bZ3X)Display panel of power module analysis   LTEC Corporation (LTEC), which analyzes automotive units and power devices, exhibited recent teardow...

Market & Tech Reports  Updated at: 2025/08/19

will fully lead the entire process of global and jointly developed models, from product planning to research and development (R&D) to verification and evaluation, supporting the development of products that meet the needs of local users. The first model developed through the RCE system was the BEV bZ3X. The model received 15,000 orders in its first month on the market, making it one of the top-selling BEVs for joint venture (JV) manufacturers in...

Market & Tech Reports  Updated at: 2025/07/22

Qiyuan A07 2023 D 〇 BYD Yangwang U9 2024 F 〇 BYD Seal  2022 D 〇 BYD Seagull / Dolphin Mini 2023 A 〇 Li Auto Li L6 2024 D 〇 Leapmotor C16 2024 D 〇 Korea Hyundai Kona Electric 2023 C 〇 Japan Honda Acura ZDX 2024 D 〇 Nissan Sakura 2022 A 〇 Toyota bZ3 2023 D 〇 Efforts to improve the cooling performance efficiency of liquid-cooling methods are ongoing, and development of an "Immersion Cool...

Market & Tech Reports  Updated at: 2025/07/08

ed in vehicles produced by the company itself due to the desire seen in some vehicle manufacturers to control their own battery equipment companies. In recent years, the ratio of in-house supply has been gradually declining.   BYD and Toyota signed a partnership agreement in 2019 and launched the bZ3 in 2022. This model was jointly developed by Toyota and BYD and is powered by BYD's Blade battery. In March 2025, GAC Toyota Motor Co., Ltd. launc...

Market & Tech Reports  Updated at: 2025/06/12

In addition, the company announced that it will introduce a "Regional Chief Engineer" and appoint young Chinese engineers to be responsible for vehicle development, thereby developing models that cater to Chinese consumers. The bZ7 to be released by GAC Toyota   The previous model name bZ3C has been changed to bZ5. Body dimensions are 4,780mm in length, 1,866mm in width, and 1,510mm in height. The wheelbase is 2,880mm. The motor has ...

Market & Tech Reports  Updated at: 2025/05/07

manufactured by Fujian Motor Industry Group Co., Ltd. performed well.  Passenger car sales by Japanese automakers in H1 2024 fell by 16.1% y/y to 1,467,000 units. All manufacturers except Mazda saw their sales numbers decline compared to the same period last year. Toyota's models such as the bZ4X, bZ3, Frontlander, RAV4, Crown Kluger, and Corolla Cross performed relatively well, but other models performed poorly, resulting in a 20.6% y/y decline...

Market & Tech Reports  Updated at: 2024/08/20

Auto China 2024: Japanese OEMs Electrified Vehicles from Toyota, Honda, Nissan, Mazda Summary Toyota: World premiere of the new “bZ3C” BEV crossover and “bZ3X” SUV Honda: Unveils the Yè series, e:N series, and Lingxi L Nissan: Introducing five NEV models to the Chinese market by 2026 Mazda: Unveiling the new electric sedan Mazda “EZ-6" and the new EV concept model Mazda “Sou Arata"   The 18th Beijing International Automotive Exhibit...

Market & Tech Reports  Updated at: 2024/05/31

rmal management system configuration and operation of each vehicle Toyota, BYD Tesla Model Y Hyundai Ioniq 5 (Supplement) Temperature characteristics and thermal management of drive batteries Toyota Motor Corporation (Toyota) has incorporated some of the thermal management techniques from the bZ3 (left), which was jointly developed with BYD Auto Co. Ltd. (BYD), into the globally sold bZ4X (right), improving low-temperature charging performa...

Market & Tech Reports  Updated at: 2024/04/23

t this has been increased to JPY 5 trillion. With the enactment of the U.S. IRA, the company announced an additional USD 2.1 billion investment in local production of BEVs in 2025 at its Kentucky plant and local battery plant. As for BEVs, Toyota will sell the bZ4X and Lexus RZ450e globally and the bZ3 co-developed with BYD in China; as for PHEVs, the Prius will be sold in Japan and Europe and the RAV4 in China. Details of the technology developm...

Market & Tech Reports  Updated at: 2023/11/01

on the MEB electric platform. The Tianjin and Foshan plants are currently being upgraded to produce NEV models and their successors. Production is scheduled to begin at the Audi FAW Changchun plant at the end of 2024. FAW-Toyota has released its first BEV SUV, the bZ4X, and its first BEV sedan, the bZ3. The Tianjin NEV plant with an annual production capacity of 200,000 units has started production. There are plans to launch an SUV equipped with ...

Market & Tech Reports  Updated at: 2023/09/13

7.6% y/y to 351,000 units.   Passenger car sales by Japanese automakers in H1 2023 fell by 19.2% y/y to 1.749 million units. The sales volumes of all Japanese manufacturers except Isuzu decreased year-over-year. In the Toyota Group, sales of MPV models such as the Granvia and Sienna increased. The bZ3, equipped with batteries manufactured by BYD, was launched in April 2023 and also performed well, but existing popular sedan models such as the Al...

Market & Tech Reports  Updated at: 2023/08/21

35.7% to 13.6% due to lower eQ1 sales. Toyota's share of the electric vehicle market rose 1.2 points from 1.5% to 2.7%, and the same for HEVs, up 2.4 points from 28.0% to 30.4%. For Toyota, the increase is believed to be largely due to the growth in sales of electric vehicles and HEVs, such as the bZ3. However, the number and market share of electric vehicles themselves are small compared to other brands. Toyota has announced that it will commer...

Market & Tech Reports  Updated at: 2023/07/25

next-generation BEVs, Toyota will significantly expand its product lineup with a focus on the bZ series, which has further refined performance. The bZ4X was launched in 2022: in Japan in May, in the U.S. and Europe in the summer, and in China in October. In March 2023, the second in the series, the bZ3, was launched in China.   In November 2019, Toyota signed an agreement with BYD to jointly establish a joint venture company for research and dev...

Market & Tech Reports  Updated at: 2023/07/14

through "real haptics" that can be transmitted remotely. The company also exhibited at the Auto Shanghai 2023 motor show in April 2023. The company exhibited the MX221, a vehicle interior space concept for urban shared mobility that envisions Level 4 automated driving, as well as seats for Toyota's bZ3. This rear seat of the bZ3 was developed in China based on a concept of a family lounge, with a flat design that allows three people to sit on it ...

Market & Tech Reports  Updated at: 2023/07/13

ickel metal hydride battery modules FAW Toyota Toyota Granvia (FF) (China) 2023 Corun PEVE Automotive Battery Co., Ltd. Nickel metal hydride battery cells FAW Toyota Toyota Granvia (FF) (China) 2023 Corun PEVE Automotive Battery Co., Ltd. Nickel metal hydride battery modules FAW Toyota Toyota bZ3 (China) 2023 Wuwei FinDreams Battery Co., Ltd. Lithium-ion iron phosphate battery cells (Blade) FAW-Volkswagen Volkswagen ID.7 Vizzion (RR) (RWD...

Market & Tech Reports  Updated at: 2023/06/23