Toyota is set to launch its first electric car model equipped with an advanced autonomous driving system next year.
The move is part of a joint venture with state-owned Guangzhou Automobile Group (GAC) aimed at catching up with Chinese rivals in hybrid, battery, and intelligent vehicle technologies.
The venture announced its innovation targets at an event in Guangzhou on Friday, including the launch of the Bozhi 3X SUV next year.
This would ensure Toyota’s leadership in autonomous driving technology offerings among all foreign brands in China.
GAC Toyota is developing the system with Momenta Global, a startup that develops autonomous driving software for automakers including Mercedes-Benz.
Additionally, Toyota would work with Huawei to use its in-vehicle operating software starting with an electric sedan to be launched in 2025 for China.
The automaker also announced plans to roll out an iron phosphate lithium battery during 2026 and 2027, which could reduce the production cost of its bZ4X EV by 40%.
Toyota’s move came as it faced declining sales in China, ranking fifth among all brands by car sales in the first four months of this year, with a 22% drop from the same period in 2023, according to data from China Association of Automobile Manufacturers.
By launching its first electric car with advanced autonomous driving capabilities, Toyota aims to regain its footing in the competitive Chinese market and stay ahead of the curve in the rapidly evolving automotive industry.
Boluwatife Enome
Follow us on:
Pam Bondi, former Florida attorney general and Trump ally, has been nominated as US attorney…
Canada’s Dawson City’s newly elected council has stalled governance, rejecting oath to King Charles in…
Edo PDP has accused the APC of orchestrating an attack on party secretariat, destroying and…
The FG has partnered with IOM, announced a strategy to review migration policy and address…
Dangote Group’s Edwin Devakumar has said that by building the refinery, Dangote did what IOCs…
Benjamin Kalu has revealed that Nigerian governors are supportive, committed to reviewing the 161 proposed…
View Comments
Very neat and vlean affordables tokunbors vehicles which are availables on ground at a good and cheaper rate
Interested Buyers Should Contact Mr. SAM⏏081 385 59865 for more enquiries and purchase,,
CARS FEATURES AND PRICES BELOW
GOLF , 2, 3,4 ,.=N450,000 Toyota Camry Big=#500, 000Daddy=N550,000. Toyota Camry Tiny-Light=N550,000.
Toyota venza =1.3 million.. Toyota Hilux= 1.5 million.. Toyota Avensis=N650,000. Toyota Camry Muscle=N 950,000. & Spider=N650,000. Toyota Avalon=N800,000. Toyota Rav4 SUV=N850,000.
Toyota Sienna=N900,000. Toyota 4Runner=N800,000. Toyota Tundra=N 1. m Million Toyota picnic=N550,000. Toyota Highlander=N950,000. Toyota Corolla=N900,000. Toyota Prado=1.4 million..
Toyota Land Cruisser=850,000. Toyota Yaris=750.000. Toyota Matrix=850,000.
Toyota Haice Bus=750,000
Acura MDX =1.2 Million..
Acura ZDX=N1.1Million..
Honda Pilot=N950,000..
Honda Baby Boy=400,000..
Honda (EOD)=N450,000..
Honda Accord=700,000
Honda CRV=800,000.
Infinity Fx35=1.2 Million
Infinity Fx45=1.5 Million
Nissan Murano=800,000 Nissan Pathinder=1million
Nissan Maxima=600,000.
Lexus Rx300=1.1 Million
Lexus Rx330=1.2 Million..
Lexus Rx350=1.3 Million..
Lexus Rx470=N1.5m..
▪And many more.......▫