Toyota to launch first EV with advanced self-driving system for China in 2025

 

 

Toyota is planning to launch the first electric car model equipped with an advanced autonomous driving system similar to Tesla’s Full Self-Driving for the Chinese market next year, one of its Chinese joint ventures said.

The JV with state-owned Guangzhou Automobile Group  (GAC) aims to restore the Japanese automaker's market share in China by catching up with Chinese rivals on technologies in hybrids, batteries and intelligent vehicles.

The venture announced a series of innovation targets at an event in Guangzhou on Friday.

GAC Toyota said it would launch Bozhi 3X SUV next year as the first model to be equipped with the system that would enable advanced driving assistance for parking and navigation on highways and urban traffics. This would ensure its leadership in autonomous driving technology offerings among all foreign brands in China, it said.

GAC Toyota is developing the system with Momenta Global, a startup that develops autonomous driving software for automakers including Mercedes-Benz

It also works with Huawei (HWT.UL) to use the latter's in-vehicle operating software starting with an electric sedan to be launched in 2025 for China.

The carmaker said that it will introduce a lithium-ion battery made of iron phosphate in 2026 and 2027, which might result in a 40% decrease in the cost of producing its bZ4X EV.

According to data from the China Association of Automobile Manufacturers, Toyota suffered a 22% decrease in automobile sales in China during the first four months of this year, placing it sixth out of all brands.

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