Toyota has launched the updated 2027 bZ5 electric SUV in China with regular prices from 129,800 yuan to 199,800 yuan, or roughly USD 19,500 to USD 30,000, according to Electrek. The refreshed model is sold in six variants.
FAW-Toyota is running limited-time prices across the lineup starting at 109,800 yuan, about USD 16,500, Electrek reported. The regular range covers all six trims.
The pricing undercuts Tesla's best-selling crossover in the same market. Electrek reported the base Tesla Model Y RWD starts at 263,500 yuan, or USD 39,200, in China, with a CLTC range of 593 km.
The repricing follows a steep sales decline. FAW-Toyota sold 529 bZ5s in China last month, down 64% from July 2025, according to Electrek. CnEVPost data cited by Electrek put the model's monthly peak at 3,019 units in September 2025.
On the powertrain, the electric SUV uses a single front-mounted motor rated at a maximum 268 horsepower, or 200 kW, with 243 lb-ft (330 Nm) of torque, per Electrek.
The gap between the bZ5 entry price and the Model Y RWD sticker is the core of Toyota's positioning: the limited-time 109,800 yuan offer sits well under the 263,500 yuan Tesla starting point. Whether that closes the volume gap will show in monthly deliveries measured against the 3,019-unit high.