Toyota to launch a fully electric ix4 SUV in China this year with GAC
In an apparent attempt to catch up with its competitors in the electric vehicle (EV) arena, Japanese automaker Toyota Motor has revealed that it will be launching an electric car in China this year, a fully electric ix4 sport utility vehicle (SUV).
The electric car will be launched by Toyota Motor via its Chinese joint venture with local partner Guangzhou Automobile Group (GAC). The joint venture is called GAC Toyota Motor; and it will handle the sales of the forthcoming electric car for the Chinese market.
The fully electric ix4 SUV will not carry the Toyota brand; rather it will bear the GAC name. The vehicle is expected to be available at 5,000 dealerships, although there has, thus far, been no official information about its cost, range and sales targets.
With Toyota clearly lagging behind its rivals with reference to commercialization of electric cars, the company now has plans underway to sell its own EVs in China by 2020. The EVs will be produced by GAC and FAW Group.
Since the demand for EVs in China is growing at a faster-than-projected pace, Toyota will likely start receiving supplies of EVs as well as plug-in hybrids from the Chinese manufacturers by next year.
German automaker BMW has recently revealed that the total number of company’s i3 electric cars sold in the UK has touched ‘10,000 units’ milestone.
According to an Automotive News report, German automaker BMW plans to discontinue its i3 all-electric compact car and i8 plug-in hybrid sports car ahead of introducing its next-generation electric vehicles (EVs).
According to a Reuters report, Germany’s new Finance Minister Olaf Scholz said in a recent interview with the Funke Mediengruppe newspaper chain that all possible measures should be taken by the country to avoid the imposition of ban on diesel car
According to a recently published Reuters report, German automaker BMW -- which sold more than 100,000 battery-electric and plug-in hybrid cars in 2017 -- does not plan to commence mass production of electric cars before 2020.
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German automaker BMW has recently announced that it will be presenting a series of new all-electric vehicles this year. The announcement was made by BMW’s CEO Harald Krüger at the company’s recently-held Annual Accounts Press Conference 2018.