Core Viewpoint - Toyota's new RAV4 has upgraded its plug-in hybrid vehicle (PHV) engine, achieving a pure electric mode range of 150 kilometers, which is 1.5 times the previous range, while also increasing the total range to over 1350 kilometers, indicating a strong push to compete with leading Chinese companies like BYD in the PHV sector [1][3]. Group 1: Product Features and Innovations - The new RAV4 features the latest sixth-generation hybrid system, which includes a 30% increase in battery capacity, enhancing its overall efficiency [3]. - The total range of the vehicle, when fully charged and fueled, exceeds 1350 kilometers, comparable to the distance from Tokyo to Kagoshima [3]. - The new hybrid system utilizes high-efficiency silicon carbide (SiC) semiconductors, improving output power by over 12% by reducing electrical losses [3]. - The e-Axle's overall height has been reduced by 15% and weight by 18%, improving interior space and seat comfort [4]. Group 2: Market Position and Competition - Despite the advancements, Toyota's global sales of PHVs remain low, accounting for only 2% of total sales, with projected sales of 153,829 units in 2024 [6]. - In contrast, BYD sold 2.5 million vehicles in 2024, surpassing pure electric vehicle sales, highlighting the competitive landscape in the PHV market [6]. - Toyota's strategy includes focusing solely on the latest hybrid engine for the new RAV4, eliminating gasoline models, which aligns with stricter emissions regulations globally [6][5].