Toyota Motor Corporation has launched its first mass-produced battery-electric vehicle (BEV), the bZ4X, available in Japan and for lease only, a move meant to alleviate customer concerns over battery and residual value issues.
The SUV will be made available to individual customers through KINTO subscription services for extended periods providing “peace of mind and the development of customer-oriented services. For corporate customers, the vehicles will be leased from Toyota Rent-a-Lease Dealers nationwide and the Toyota Mobility Services Corporation (Tokyo region),” the carmaker announced.
The new BEV offers a driving range of 347 miles (559 km). Toyota plans to install rapid chargers at all dealers in Japan by 2025, at first mostly in urban where demand is high for BEVs.
Toyota will begin global sales of the bZ4X as an option to promote carbon neutrality while exploring market in North America, Europe, and China.