Toyota has introduced the bZ3X, its lowest-cost electric SUV yet, in China.

The world's largest electric vehicle market, by far,China is a contender, spurred by stocks of government policy and consumer demand.

In a saturated market, the bZ3X includes some standout characteristics and features.

Hiroki Nakajima from Toyota emphasized the need for collaboration with Chinese partners to develop vehicles that resonate with local buyers.

Competitors should be sweating over the bZ3X, which is expected to shake up the EV brandatus.

So far so good with the bZ3X launch, but it is not smooth sailing for Toyota.

The bZ3X's success could shape Toyota's future strategy for electric vehicles globally.