A Russian-made car can run up to 1,000 kilometres on a single charge and drive at a top speed of 150km/h, the fastest speed ever recorded in a vehicle.
The Rav4 is one of the most powerful cars ever built and has been a key component of Russia’s national car market for decades.
But in the past two decades it has been replaced by the much cheaper and less powerful Toyota Corolla, and its replacement has led to a huge decline in sales.
“It was a classic example of a Japanese car going into a period of crisis,” says Andrei Belkushenko, chief executive of automotive consultancy firm Belkaushenko Consulting.
“The Corolla and its derivatives have a big reputation, but it’s the Rav4 that has gone into a major crisis.”
The Rav3, a vehicle that has never made it to the big showrooms, has been superseded by the Corolla.
The Corolla has been more popular in the US, but the Rav3 has been gaining ground.
Photo: AP Russian auto manufacturer TTI, a division of Russian state-owned company Rosneft, said it has sold 1.3 million Rav4s since 2005, and has sold a total of 1.2 million Corollas and 1.1 million Rav3s.
It also has sold 2.2m T1s, which it says are more efficient and more fuel-efficient than the Rav2.
Mr Belkuseshenko says the Rav5 is a “great success story” in the Russian market.
The Russian government says it has more than a billion RUB 3 billion ($28.3 billion) invested in the industry since it was founded in 1984, and that its goal is to double its output to 20 million vehicles by 2020.
“We are on track, and we’re going to continue to accelerate,” said Sergei Yuriev, director of the National Academy of Industry, which monitors the state of the Russian auto industry.
“Today, we’re a small player, but we have a lot of work to do.”
The average age of the Rav1 and Rav4 cars is 42 years old.
Photo of Rav1 car: RIA Novosti.
Photo by Vadim Vadimov.
Photo credit: Dmytro Vasilyev/RIA Novosibirsk.
A spokesman for Rosneferts Rosnefia, which is the parent company of Rosnefin, said in a statement the company was “not in a position to comment on individual products”.
“In this context, it’s clear that we are not in a situation to comment any further on the latest developments,” he added.
In the US the Rav6 and Rav5 are the top-selling cars on US auto sales charts, but there are concerns about their impact on the auto industry’s long-term prospects.
The industry’s growth has slowed dramatically since the collapse of the Soviet Union, and many people still buy cars to take advantage of the country’s high taxes and government subsidies.
The new car has had mixed success in the United States, and the country has been hit by a number of recent mass shootings.
Russia is also struggling to combat the collapse in its economy, and it has to spend billions of dollars on new road, railway and aviation projects.
A number of other new models are also in the works.