Core Viewpoint - Toyota is set to unveil its new GR brand, which signifies a new era of high-performance vehicles, with the GR GT supercar being a key highlight of this transition [5][6][12]. Group 1: GR Brand and GR GT Supercar - The GR brand, originating from Toyota's Gazoo Racing division, aims to infuse performance into Toyota's lineup, with models like the GR Corolla and the upcoming GR-Sport RAV4 [7][9]. - The GR GT supercar is expected to be officially launched online on December 5 and will make its physical debut at the Tokyo Auto Salon from January 9 to 11, 2026 [12][23]. - The GR GT will feature a new twin-turbo V8 engine integrated with an electrification system, focusing on performance rather than fuel efficiency [17][18]. Group 2: Technical Specifications and Performance - The GR GT's racing version is projected to produce between 500-600 horsepower, while the road version is expected to reach nearly 700 horsepower, competing with models like the Aston Martin Vantage S [20][21]. - Toyota's strategy includes a "multi-path" approach to performance, maintaining the potential of internal combustion engines while exploring hybrid technologies [20][21]. Group 3: Market Challenges and Sales Strategy - The GR GT's success in the U.S. market faces challenges due to complex dealership laws and the need for a dedicated retail network [30][31]. - Toyota's vision includes establishing GR as an independent brand, but the limited production of the GR GT may hinder the profitability of this model [33][34]. - The historical context of the Lexus LFA's limited production raises concerns about the viability of a standalone GR dealership network [34][35]. Group 4: Future Prospects and Expansion - Beyond the GR GT, Toyota is planning to expand its performance lineup with models like the FT-Se concept car and a potential revival of the Celica nameplate [52][53][54]. - The upcoming Tokyo Auto Salon may showcase not just the GR GT but also signify a broader revival of Toyota's performance heritage [55].

Industry Overview - The low-altitude economy supply chain in China has formed a comprehensive development pattern characterized by "upstream independent breakthroughs, midstream collaborative tackling, and downstream standard leadership" with eVTOL and drone manufacturing at its core [2][19] - The domestic market for eVTOL is projected to have a potential demand of 24000 units for tourism and 85000 units for commuting, leading to a total market size exceeding 250 billion [2][45][46] - The eVTOL power system is a critical component of the low-altitude economy, accounting for approximately 40% of the total cost structure of eVTOLs [2][48] Technological Trends - eVTOL technology is diversifying with three main configurations: multirotor, compound wing, and tilt-rotor, each offering unique advantages for different applications [34][35] - The shift towards electric propulsion systems is evident, with a focus on high energy density and low emissions, making them the preferred choice for future urban air mobility [54][55] Market Dynamics - The global low-altitude economy market is expected to grow from approximately 2.08 trillion yuan in 2023 to 2.32 trillion yuan in 2024, indicating significant growth potential [23] - In China, the low-altitude economy market is projected to reach 859.2 billion yuan by 2025, with a compound annual growth rate of 33.8% [23][27] Company Insights - EHang Intelligent (EH.O) has become the first company in China to obtain all four necessary certifications for eVTOL, indicating a significant step towards commercialization [6][51] - Companies like EHang and others are actively collaborating with electric motor manufacturers to enhance their eVTOL offerings, with substantial orders already in place [52] Policy Support - The development of the low-altitude economy has been elevated to a national strategy, with various government departments providing comprehensive support through policies aimed at infrastructure, regulations, and industry standards [14][17] - By 2025, over 30 provinces and cities in China are expected to include low-altitude economy initiatives in their government work reports, promoting infrastructure development and industry standards [14][18]