Toyota releases first all-electric vehicle in China

摘要

China-Japan joint venture FAW Toyota Auto has released its first all-electric vehicle Izoa in the Chinese market, which uses nickel-cobalt-manganese (NCM) batteries produced by Japanese technology firm Panasonic. Toyota and Panasonic in February set up a joint venture to produce prismatic lithium-ion batteries, solid-state batteries and next-generation batteries for EVs.