china-only toyota bz3 ev sedan to be 30 percent cheaper than tesla model 3

Automotive News reports that the China-only Toyota bZ3 EV sedan will go into production and begin its sales by end of this year.

china-only toyota bz3 ev sedan to be 30 percent cheaper than tesla model 3

The Toyota bZ3 is said to be co-developed with BYD and uses the company’s signature blade batteries. The batteries are said to be slimmer than traditional lithium-ion battery, by about as much as half, to boost interior space.

china-only toyota bz3 ev sedan to be 30 percent cheaper than tesla model 3

Details on the Toyota bZ3 are still scarce, but it said to be about the same size as a Toyota Corolla. A source told Automotive News that it would likely sell for around USD 28,000, around 30 percent cheaper than the entry-level Tesla Model 3.

china-only toyota bz3 ev sedan to be 30 percent cheaper than tesla model 3

The Toyota bZ3 will be made in Toyota’s local partner FAW’s plant in Tianjin. Automotive News reports a production number of 30,000 units annually and is built on the same assembly line as the .

Keyword: China-only Toyota bZ3 EV sedan to be 30 percent cheaper than Tesla Model 3

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