Leahead Electric Vehicles
One of the two Toyota ventures the Guangzhou-Toyota JV focuses on making cheap electric cars for the masses, the other being Ranz, an FAW Toyota JV. Leahead stands for ‘Leap Ahead’ which in Chinese is Lingzhi (领志).
“They’ll do some token launches and token sales, but I’m not expecting any waves,” said Ashvin Chotai, Managing Director of Intelligence Automotive Asia. “This is just a distraction, an unwanted headache.”
In this week’s Top 5 EV news | BYD launch Tang in Europe | Volta Electric Truck pilot | Byton bites the dust
Top 5 EV News Week 26 2020 | California pushes the world to electric trucks, Britain fast tracks 100% EV adoption, new EV models launched this week.
Top 5 EV News Week 25 2020: Bunch of new EVs launched this week. We look at the Lordstown Endurance electric pick-up to be launched later this week.