Toyota has launched a new electric SUV, the bZ3X, in China with a starting price of 109,800 yuan (~A$24,000).The bZ3X is cheaper than BYD's most affordable electric SUV, the Yuan Plus, by 10,000 yuan (~A$2,200).It is closely related to GAC's Aion V electric SUV and comes with various battery options, offering a range of up to 610km.While Toyota plans to enter the Australian market with GAC, the bZ3X is currently confirmed as a China-only model.