
Legacy automakers are making bold moves to survive in China, the world’s most contested market for electric vehicles.
Toyota’s new flagship electric sedan, the bZ7, is a clear example.
Tesla Model S–sized, priced at roughly one-quarter
At more than 5.1 meters (about 16.7 feet) long with a roomy wheelbase, the Toyota bZ7 sits in the large-sedan class alongside vehicles like the Tesla Model S and BMW i5.
But its real edge isn’t size — it’s an unexpectedly aggressive price.

In China, prices start at 179,800 yuan for the base model and go up to 239,800 yuan for the top trim (roughly $26,172 to $34,905 USD).
Converted to South Korean won, that comes to about 36 million to 48 million KRW (roughly $24,480 to $32,640 USD).
By comparison, the Tesla Model S is selling locally for around 170 million KRW (about $115,600 USD), meaning the bZ7’s base model is nearly 130 million KRW (about $88,400 USD) cheaper.
Put another way: a full-size flagship sedan that can be bought for the price of a typical mid-size car in Korea — approximately one-quarter of a Model S’s price.
A large smart device that integrates Huawei and Xiaomi
Low price doesn’t mean cheap specification.

The cabin is anchored by a 15.6-inch display running Huawei’s latest HarmonyOS 5.0, giving buyers access to the local app ecosystem they favor.
The car also connects directly with Xiaomi smart-home devices, allowing occupants to control home appliances from the vehicle.
Toyota is positioning the bZ7 as more than transportation — it’s an in‑car smart device that ties into a user’s lifestyle.
Roof-mounted LiDAR supports an advanced driver-assistance package, and the car includes automatic parking capability.

Top trims are generous with luxury features: zero-gravity massage seats, ventilated seats, and even a dedicated refrigerator for rear passengers.
A value-packed sedan with a ~700 km range; Korea launch unclear
Toyota tuned the powertrain for cost-effectiveness and efficiency. A 207 kW (about 277 hp) electric motor paired with a lithium-iron-phosphate battery delivers up to 277 horsepower.
It’s not aiming for the blistering, 600+ hp acceleration of a Model S; instead, it provides the composed, ample performance expected from a full-size sedan.
Local figures put single-charge range at up to 710 km (about 441 miles), which should significantly reduce everyday charging anxiety.

An industry source said, “To break into China’s cutthroat EV market, Toyota has swallowed its pride and teamed up with local IT firms, driving a dramatic price disruption.”
Even with its many features and competitive pricing, the bZ7 is unlikely to arrive in Korea.
The model was developed specifically for China’s domestic market and ecosystem, so a Korean launch remains undecided for now.