Toyota Motor Corporation (NYSE: TM) (LSE: TYT) (TYO: 7203), a Japan-based automaker, has revealed details of the production-bound, all-electric version of its iQ.
The vehicle is to be launched in Paris later this week and will compete with the smart fortwo electric drive. It is equipped with a 47-kilowatt air-cooled electric motor, coupled with a downsized lithium-ion battery pack that has a maximum range of 52 miles.
The automaker is planning to produce 1,000 units of the vehicle, with the limited supply to be split between Japan and the United States.
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