FAW TOYOTA RANZ ELECTRIC VEHICLES
The joint venture between Toyota and FAW registered as Sichuan FAW Toyota Motor Company (SFTM) announced in April 2013 is situated in Chengdu City, Sichuan. The JV is called Ranz, or Lang Shi in Chinese means meaning Bright Life. SFTM was the first company outside Japan to produce the Toyota Prius. Many believe Toyota is just playing lip service to the Chinese Government by developing Battery Electric Vehicles, as it strays from the company’s chosen path of Fuel Cell Vehicles.
FAW TOYOTA RANZ EV MODELS
FAW TOYOTA RANZ EV SALES
Go to our detailed breakdown of Global EV Sales to see how the FAW Toyota Ranz electric car strategy fares to its competitors in the fast-growing EV market.
FAW TOYOTA RANZ ELECTRIC CAR STRATEGY IN THE NEWS
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