Toyota has officially launched its cheapest electric vehicle in China. The bZ3X (known locally as “Bozhi 3X” or “Platinum 3X”) starts at just 109,800 yuan ($15,150), making it Toyota’s most affordable EV offering in the world’s largest electric car market. The launch created such excitement that Toyota’s servers crashed after receiving over 10,000 orders in the first hour alone. This strong initial response indicates Toyota might have found the sweet spot between affordability and features that Chinese consumers are looking for. Peng Baolin, a vice president of sales at GAC Toyota, confirmed the overwhelming demand on his Weibo social media … Continue reading Toyota’s $15K bZ3X EV Crashes Servers with 10,000 Orders in 1 Hour