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.”
Top 5 EV News Week 29 2020: Two worlds – Chinese EV investor hardship vs USA EV Investor frenzy. Nissan Ariya, Workhorse C1000 and Buick Velite 7.
Top 5 EV News Week 28 2020: It has been a busy week in the EV market. I look at nine new models from this week.
In this week’s Top 5 EV news | BYD launch Tang in Europe | Volta Electric Truck pilot | Byton bites the dust