Toyota has launched a new electric sedan in China together with its local joint venture partner GAC (Guangzhou Automobile Group Co), the full-size bZ7.First shown a year ago at Auto Shanghai 2025, the Toyota bZ7 has now gone on sale in China, where it starts at a very tempting 147,800 yuan, the equivalent of just $21,500! How is it possible that a 202-in long large sedan with a 373-mile standard range costs much less than America’s cheapest EV, the 2027 Chevy Bolt that starts at just under $29,000?That’s something for the bean counters at Western automakers to determine, but as CarNewsChina reports, the price includes some subsidies by the Chinese state. The low price certainly makes the b …
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Author: Dan Mihalascu
