Toyota is partnering with BYD to launch an all-electric small sedan in China.
Here's some key details on it.

Toyota's new EV will be slightly bigger than its compact Corolla, the world's best-selling car of all time. One source said think of it as "a Corolla with bigger back-seat section."

It will be unveiled as a concept car at the Beijing auto show in April and will then most likely be launched as the second model in Toyota's new bZ series of all-electric cars, even though it will only be on sale in China for now.

"The car was enabled by BYD battery technology," one of the sources told Reuters. "It has more or less helped us resolve challenges we had faced in coming up with an affordable small electric sedan with a roomy interior."
It will be pitched below premium EVs such as Tesla's Model Y or the Nio ES6 but above the ultra-cheap Hong Guang Mini EV, which starts at just $4,500 and is now China's best-selling electric vehicle.