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
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