LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

First Toyota electric sedan powered by BYD earns 5,000 orders on first sales day

Robert Frost by Robert Frost
April 17, 2023
in Industries
First Toyota electric sedan powered by BYD earns 5,000 orders on first sales day
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

Toyota-bZ3-EV

Toyota’s first electric sedan, the bZ3, powered by BYD technology, received a warm welcome on its first day on the market. The bZ3 secured 5,000 orders on April 16, according to FAW-Toyota, the automaker’s joint venture in China.

The bZ3 was officially unveiled last October as Toyota’s second fully electric model in its bZ (Beyond Zero) lineup.

You might also like

Sends shares Q1 2026 business update and product progress

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

Why the economy could be spared 2022-style inflation despite high oil prices

Toyota’s electric sedan will join the bZ4X SUV, the Japanese automaker’s first global electric vehicle. The bZ3 is co-developed by BYD Toyota EV Technology – a joint venture established with FAW-Toyota (a joint venture created by FAW Group and Toyota in 2000) and BYD, China’s largest EV maker.

Although the bZ3 is based on Toyota’s e-TNGA platform (the same used for the bZ4X), the electric sedan utilizes a lithium-ion LFP Blade battery, electric motor, and electronic control system from BYD.

The bZ3 differs from Toyota’s electric SUV with a low center of gravity and upgraded interior, including the automaker’s largest 12.8-inch suspended multimedia navigation system.

FAW-Toyota rolled out its first bZ3 model in March with a maximum 616 km (roughly 382 mi) CLTC range and a starting price of just 189,800 RMB ($27,000).

toyota-first-electric-sedan
Toyota bZ3 electric sedan (Source: FAW-Toyota)
toyota-first-electric-sedan

Toyota bZ3 electric sedan receives a warm welcome

After going on sale on April 16, FAW-Toyota said its bZ3 electric sedan orders reached 5,000, with sales momentum expected to continue growing.

The bZ3 will be offered in three versions, including Elite PRO, long-range PRO, and long-range Premium models.

Toyota bZ3 model Price
(USD)
Range (CLTC)
Elite PRO 169,800 RMB
($24,680)
517 km
(321 miles)
Long-range PRO 189,800 RMB
($27,587)
616 km
(382 miles)
Long-range Premium 199,800 RMB
($29,041)
616 km
(382 miles)
Toyota bZ3 models

The bZ3 is available with two different battery sizes – 135 kW and 180 kW – both with a maximum torque of 303 nm (224 lb-ft). In addition, two battery packs – 49.9 kWh and 65.3 kWh – deliver 517 km (321 miles) and 616 km (382) CLTC range, respectively.

The automaker also says the bZ3 can charge from 30% to 80% in 27 minutes with DC fast charge.

According to FAW-Toyota, those who buy from April 16 to July 31, 2023, will be eligible for a “limited benefit” of 15,000 RMB ($2,180).

Electrek’s Take

Perhaps seeing the success behind its first electric sedan will jumpstart the company into selling more electric vehicles.

Toyota has struggled thus far in the transition to fully electric vehicles after a disappointing bZ4X rollout. This partnership with BYD is seemingly helping the automaker find its legs.

After newly elected CEO Koji Sato took over this month, many have high hopes that he can turn the ship around after previous leader Akio Toyoda repeatedly shunned going all in on EVs.

Although Toyota has no plans of bringing the bZ3 to the US, the Japanese automaker is planning a new three-row SUV as part of its strategy to bring ten new EV models to market by 2026.

FTC: We use income earning auto affiliate links. More.

[ad_2]

Source link

Share30Tweet19
Previous Post

Luminar stock surges on expansion in Asia to serve Chinese market

Next Post

Polygon calls on EU lawmakers to address smart contracts in Data Act

Robert Frost

Robert Frost

Recommended For You

Sends shares Q1 2026 business update and product progress
Industries

Sends shares Q1 2026 business update and product progress

April 14, 2026
BP flags ‘exceptional’ oil trading performance as Iran war chokes supply
Industries

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

April 14, 2026
Why the economy could be spared 2022-style inflation despite high oil prices
Industries

Why the economy could be spared 2022-style inflation despite high oil prices

April 14, 2026
Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested
Industries

Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested

April 13, 2026
Next Post
Polygon calls on EU lawmakers to address smart contracts in Data Act

Polygon calls on EU lawmakers to address smart contracts in Data Act

Related News

Gold price expectations amid data surprises and stubborn inflation

Gold price expectations amid data surprises and stubborn inflation

March 15, 2024
UK Finance reveals latest mortgage arrears and possession figures – London Wallet

UK Finance reveals latest mortgage arrears and possession figures – London Wallet

August 9, 2024
Neiman Marcus walks away from  billion merger offer from Saks Fifth Avenue: WSJ

Neiman Marcus walks away from $3 billion merger offer from Saks Fifth Avenue: WSJ

December 1, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?