Toyota is set to launch a new electric car in Brazil next year.

The Japanese automaker will start testing a “toyo” electric vehicle, which will have a range of 300km (186 miles), and will have an overall cost of about $70,000.

Toyota has been in talks with the Brazilian government about using its own batteries for the new car, which it will be dubbed the “Toyotax”.

“The concept of a vehicle with electric drive, which uses Toyota batteries, will be announced in March 2020,” Toyota said in a statement on Tuesday.

“This new electric vehicle is designed for a very specific customer, with a special interest in its electric drive,” the statement added.

The new electric drive will also be able to recharge and recharge in the car.

The concept car will be powered by an all-electric battery pack, which is capable of a total of about 1,500kWh (930 kWh) of energy, according to Toyota.

It will be able run for up to 100km (62 miles), with the driver having a range in excess of 300 kilometres.

It is expected that the new vehicle will be available in the third quarter of 2020, with the first batch of vehicles expected to go on sale in 2021.

“We are currently working closely with Brazilian authorities and the Brazilian Federal Motor Institute on the development of the vehicle,” Toyota added.