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Toyota Has a $15,000 EV That China Can’t Get Enough Of

Toyota’s bZ3X has had a year that most automakers would kill for. Launched in China in March 2025 under the GAC-Toyota joint venture badge, the compact electric SUV crossed 80,000 deliveries within its first year on the market. Since September 2025, it has held the top sales position among all joint-venture new energy vehicles in China, a run now stretching seven consecutive months. In April 2026 alone, it moved 10,027 units, a new monthly record.

Who Is GAC-Toyota, and Why Does the Label Matter?In China’s EV landscape, automakers are sorted into two very different buckets. Domestic brands like BYD, Geely, and Xpeng operate without a foreign partner a …


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Author: Simran Rastogi

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