FAW Toyota Launches IT'S TiME 4.0 Tech Brand; 2027 bZ5 Priced from RMB 109,800 to 179,800

On August 26, FAW Toyota unveiled its IT'S TiME 4.0 technology brand at the Tianjin New Energy Vehicle Plant, with the simultaneous launch of the 2027 model-year bZ5. The new vehicle is offered in six configurations, with a limited-time promotional price ranging from RMB 109,800 to RMB 179,800. The 2027 bZ5 is equipped with 33 intelligent perception sensors and a computing chip delivering 544 TOPS of processing power, supporting over 30 intelligent driving assistance functions. According to official test data, the success rate for lane changes in urban roads exceeds 95%, while the success rate for highway on/off-ramp maneuvers reaches 98%. Its intelligent parking system supports route memory for up to 3,000 meters. Key trims now feature ventilated front seats and a power tailgate, while new exterior options include the Daiyun Green color and dual-tone body finishes. Regarding warranty policies: during the warranty period, if a power battery failure occurs due to quality issues, a brand-new original-equipment battery will be replaced free of charge; the "three electric" components (battery, motor, and electronic control) are covered by a lifetime warranty. If the battery exhibits officially recognized abnormal degradation, a new battery pack will be replaced at no cost. In cases of battery fire caused by quality issues, scratches, or collisions—excluding external ignition sources—a brand-new vehicle will be provided free of charge, applicable to both new and existing owners. All models come standard with five-layer battery protection and four safety redundancies. September marks FAW Toyota’s 23rd anniversary. From September 1 to 24, the company is offering five special purchase incentives under the theme “23 Years of Time, Celebrating a New Journey”: 1. **Stress-Free Start Offer**: Up to RMB 7,000 in insurance subsidies, up to RMB 15,000 in repair allowances, and up to RMB 100,000 in compensation for total-loss trade-ins. 2. **Refreshed Start Offer**: Trade-in subsidies of up to RMB 15,000 for Crown Kluger and Land Cruiser Prado, and up to RMB 6,000 for the Asian Dragon. Through Fengxianghui’s “Summer Wallet” program, trade-in credits can be multiplied up to 10x, saving up to RMB 4,000 per transaction. 3. **Wild Adventure Start Offer for RAV4**: RMB 18,000 in cash benefits and RMB 5,000 in fuel subsidies upon purchase; trade-in subsidies up to RMB 4,000; financing options include 0% down payment over 5 years, with 0% interest for the first 3 or 2 years. Existing owners receive 20,000 points in the online mall for upgrades or trade-ins. 4. **Family Comfort Start Offer for Granvia**: Up to RMB 55,000 in cash discounts and up to RMB 18,000 in trade-in incentives; includes 4 years or 9 free maintenance services and lifetime battery warranty; financing features 0% down payment over 5 years with 0% interest for the first 3 years. 5. **Smart Electric Start Offer for bZ5**: All trims receive RMB 16,000 in cash benefits; through Fengxianghui’s “Summer Wallet,” cross-brand trade-ins save RMB 4,000; 3-year 0% interest financing (maximum loan amount RMB 70,000) with no cap, allowing customers to choose between financing or trade-in benefits—but not both.