Base Metals
Toyota Taps BYD To Launch Mid-Range Electric Vehicle In China
A month after launching its first all-electric car, Toyota Motor Corp. (TYO: 7203) seems to be working on adding a
The post Toyota Taps BYD To Launch Mid-Range…

A month after launching its first all-electric car, Toyota Motor Corp. (TYO: 7203) seems to be working on adding a second electric vehicle to its lineup. The Japanese automaker is reportedly tapping Chinese manufacturer BYD Co. Ltd. (SHE: 002594) to work on a more affordable model set to take a slice of the Chinese electric vehicle market.

Reuters reported that sources relayed Toyota will be partnering with BYD for its lithium-iron-phosphate (LFP) Blade batteries and engineering expertise.
The new electric vehicle is anticipated to be priced at US$30,000, below the premium lines like Tesla Model Y or Nio ES6 but above China’s best-selling electric vehicle Hong Guang Mini which starts at US$4,500.
A Toyota spokesperson did not confirm the news when sought for comment while BYD declined to comment, according to Reuters.
It is expected that the electric car model will be unveiled at the next Beijing auto show, slated to be the second model in the carmaker’s BZ electric vehicle line.
Information for this briefing was found via Reuters. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
The post Toyota Taps BYD To Launch Mid-Range Electric Vehicle In China appeared first on the deep dive.

Coolbrook appoints Jenni Schumacher as SVP
Coolbrook, a technology and engineering company, has announced the appointment of Jenni Schumacher to the position of SVP of Communications. Schumacher…
The Mining Companies in Ecuador to Watch in 2023 – Solaris Resources, Lundin Gold, and More
Ecuador has become one of the most attractive countries for mining investments in Latin America, with a favourable investment climate, attractive legal…
Power Nickel To Use Sound Mapping Tech To Further Explore Nisk Project
Power Nickel (TSXV: PNPN) is going high-tech. The firm has revealed that it has partnered with Fleet Space Technologies, an
The post Power Nickel To Use…
-
Drilling News15 hours ago
Independent Preliminary Economic Assessment for Atlas Salt’s Great Atlantic Project Supports State-of-the-Art “Salt Factory” Vision
-
Companies24 hours ago
Top Reasons to Invest in Lithium Stocks Now – $LBNK.V $ALB $LAC $LI.V $PLL
-
Base Metals20 hours ago
“Recession Is On Its Way” – Dallas Fed Shows Factory Activity Slumps For 9th Straight Month
-
Uncategorized17 hours ago
Are metals headed for a golden age?
-
Financing News17 hours ago
CORRECTION FROM SOURCE: Excelsior Mining Announces Extension of Nebari Loan and US$3,000,000 Financing
-
Uncategorized22 hours ago
My top picks in the resources sector
-
Financing News22 hours ago
Medgold signs Definitive Amalgamation Agreement for proposed acquisition of Balkan Metals Corp. and issues Convertible Debenture
-
Uncategorized15 hours ago
Auric drilling reveals widespread clay-hosted REEs at Chalice West