Toyota Motor Corp and two allied automakers unveiled a micro-sized electric van targeted at Japan's delivery industry on the sidelines of the Group of Seven (G7) summit in Hiroshima on Thursday.
A man walks past a Toyota Motor Corp logo at the company's showroom in Tokyo, Japan June 14, 2016. REUTERS/Toru Hanaiand two allied automakers unveiled a micro-sized electric van targeted at Japan's delivery industry on the sidelines of the Group of Seven summit in Hiroshima on Thursday.
The small electric commercial van will run on a battery electric vehicle system that Toyota is jointly developing with minivehicle specialists Daihatsu and Suzuki Motor CorpThe van, which will come in Toyota, Daihatsu and Suzuki-branded versions, is slated to have a range per charge of about 200 km and be released by the end of the current financial year running to March 31, 2024.
Daihatsu, which became a Toyota subsidiary in 2016, will produce the vehicles, the companies said in the statement.Micro kei vehicles are hugely popular among businesses and households to deliver agriculture produce, parcels and other goods in urban areas and the countryside in Japan, in part due to their relatively cheap price.
Kei models accounted for 40% of 78.8 million four-wheel vehicles owned in Japan at of the end of February, showed the latest transport ministry
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2024 Hyundai Ioniq 5 N, 2024 Nissan GT-R: Today's Car NewsHyundai's hot Ioniq 5, Nissan's updated GT-R, and a new Volvo crossover all made headlines today.
Read more »
1981 Toyota Cressida Is The Most American Toyota YetFrom the Archive: When better Buicks are built . . .
Read more »
Analysis | Pence would start a 2024 campaign in a historically bad positionAnalysis: Mike Pence appears set to launch his 2024 presidential campaign. His party has turned away from not just his brand of politics, but him personally. Few major candidates have been so broadly disliked. But one was named Donald Trump.
Read more »
Second U.S. Women’s Pro Soccer League to Launch in 2024United Soccer League, an organization that operates soccer leagues at several levels of the sport, announced plans Tuesday to launch a women’s professional circuit called the USL Super League
Read more »
Durham report: Trump’s 2024 rivals condemn FBI and call for overhaulDonald Trump's 2024 rivals put aside their differences to condemn the FBI and DOJ following the release of special counsel John Durham's report on the Trump-Russia investigation. The report found the DOJ had no proper basis to launch the investigation.
Read more »