![]() Toyota's executives have long called for a small electric runabout but the fact it is going first with a mid-sized SUV is a sign of the challenges it still faces to produce small, low-cost EVs that are also competitive, comfortable and safe. It will also display its concept electric mid-sized sport-utility vehicle (SUV), based on the e-TNGA platform, which is set to be sold worldwide within a couple of years, two people familiar with Toyota's plans said. Toyota, the world's biggest carmaker, is set to unveil its solution at the Shanghai auto show on April 19: a new universal platform for electric vehicles (EVs) called e-TNGA that will underpin an array of models from small runarounds to large SUVs. The Hong Guang Mini EV, a tiny, no-frills car made by a General Motors (GM.N) joint venture that costs under $5,000 is a smash hit in the world's biggest car market while Toyota has yet to launch its own small, low-cost electric vehicle in China. SHANGHAI, April 18 (Reuters) - Toyota (7203.T) pioneered the world's most successful hybrid car but when it comes to pure electric vehicles it has some catching up to do, especially in China. Toyota to unveil new electric SUV at Shanghai auto show.Toyota aims to develop a small and affordable rival.GM's Hong Guang Mini EV takes Chinese market by storm. ![]()
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