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

s with a pure zero emission mobility for their daily distances, while allowing long distance drives without infrastructure constraints.   A high degree of technical synergies between hybrid and plug-in hybrid technology enables cost optimization in manufacturing.   Battery electric vehicles bZ3 and bZ4X (44th International Vienna Motor Symposium, organized by the Austrian Society of Automotive Engineers (ÖVK) and the Institute for Powert...

Market & Tech Reports  Updated at: 2023/06/13

the field of hydrogen energy, the company announced that its first hydrogen fuel cell system production plant outside Japan will start operations in Beijing in 2024. bZ Sport Crossover Concept bZ Sport Crossover Concept bZ FlexSpace Concept bZ FlexSpace Concept   The FAW Toyota bZ3 EV sedan, which was released for sale on April 16, 2023, was on display. Its dimensions are length 4,725mm × width 1,835mm × height 1,475/1,480m...

Market & Tech Reports  Updated at: 2023/05/01