http://www.carnewschina.com/2013/04...ew-brand-for-china-on-the-shanghai-auto-show/Earlier on we reported about the launch of Ranz, a new sub-brand of the FAW-Toyota joint venture aimed at making cheap electric cars. But there was more. Toyota launched yet another sub-brand for making cheap electric cars, this time under the Guangzhou-Toyota joint venture. The brand is yet nameless, its name will only be announced on the Guangzhou Auto Show in November. But the brand has a logo and a concept car; this yellow monstrosity previewing a mid-size sporty EV SUV.
Toyota didn’t say anything about the electric powertrain. The concept’s engine bay was likely very empty. Toyota did say this particular sub-brand will focus on young buyers. Logo resembles a sailboat, but Toyota didn’t say anything about the logo either.