- Chinese buyers can purchase a bZ5 for less than half the price of a Model Y.
- Flagship variants start from 159,800 yuan, which equates to roughly $22,200.
- Toyota offers two versions of BYD’s LFP Blade battery in the new crossover.
Shopping for a new car on a tight budget in the US often feels like choosing between a rock and a base-model hard place. At $18,000, your options are basically limited to something like the subcompact Nissan Versa or, if you’re lucky, a leftover 2024 Mitsubishi Mirage gathering dust on a dealer lot.
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Take that same $18,000 across the Pacific to China, though, and suddenly you’re looking at an entirely different class of vehicle. One example? Toyota’s newly launched all-electric bZ5, a compact electric crossover priced from just 129,800 yuan, or roughly $18,100 at current exchange rates. That’s less than what many used five-year-old Corollas go for in the States.
Read: New Toyota bZ5 Debuts In China And It’s Powered By BYD
It’s a shockingly low price for what appears to be a well-equipped compact crossover with modern tech and clean styling that doesn’t scream ‘budget car’ from across the parking lot.
First showcased last month but only just launched in China, the bZ5 is the production version of the bZ3C that was presented 12 months ago in Beijing. It has been brought to life through the FAW-Toyota joint venture and will be offered in four variants.
Decent Performance
Under the hood – well, under the front panel, every version of the bZ5 come equipped with a front-mounted electric motor producing 200 kW (268 horsepower) and 330 Nm (243 lb-ft) of torque. Charging is handled via a 90 kW fast-charging system, which can take the battery from 30 to 80 percent in 27 minutes.
As for dimensions, the bZ5 measures 188.2 inches (4,780 mm) long, 73.5 inches (1,866 mm) wide, and 59.4 inches (1,510 mm) tall, with a wheelbase of 113.4 inches (2,880 mm). That makes it noticeably larger overall than the bZ4X that has been renamed to bZ in America, which measures 184.6 inches (4,690 mm) long, 73.2 inches (1,865 mm) wide, and 65.0 inches (1,650 mm) tall, with a 112.2-inch (2,850 mm) wheelbase.
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Trim Levels, Pricing, and Range
Toyota hasn’t done something sneaky by introducing a bargain-basement entry-level version and then jacking the prices up significantly for higher-end models. In fact, the flagship version starts at just 159,800 yuan, or approximately $22,200.
Sitting at the base of the bZ5 family is the 550 Joy, priced from 129,800 yuan ($18,100). Right above it is the 550 Pro from 139,800 yuan ($19,400), the 550 Pro Smart Edition starting at 159,800 yuan (~$22,200), and the 630 Pro, which is also available from 159,800 yuan ($22,200). Both models use BYD’s Blade LFP battery packs.
The 550-branded models have a 65.28 kWh pack offering up 550 km (342 miles) of range, while the 630 Pro uses a 73.98 kWh pack good for 630 km (392 miles). Bear in mind, though, that these are figures from the generous CLTC cycle and probably won’t be quite as impressive in the real world.
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Even so, for the money, there’s not much to complain about. Not only is the bZ5 cheap compared to what we pay here in the US for even the most basic of EVs, it also comfortably undercuts the Tesla Model Y in China. Despite being built locally, prices for it start at 263,500 yuan ($36,700), meaning you could buy two bZ5s for the price of one base RWD Model Y.
It’s not as though the Toyota is lacking in features either. It includes a Navigation on Autopilot system that uses 33 sensors, including a LiDAR in high-end models. There’s also a 10-speaker JBL audio system and a 15.6-inch infotainment display. Unlike the Model Y, there’s also a digital instrument cluster.