Toyota bZ3X Leads China Joint‑Venture EV Sales
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- Toyota launched the bZ3X, a fully electric SUV priced at about $15,000, in China.
- bZ3X delivered over 80,000 units in its first year on the Chinese market.
- bZ3X has remained the best‑selling EV from a joint‑venture in China for seven consecutive months.
Why it matters: Toyota gains market share and revenue in China, while rivals lose sales; the 80,000‑unit volume and sustained top‑ranking boost its joint‑venture partner’s profits and signal strong consumer demand for sub‑$20k EVs.
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