If you have all day, you might even be able to reach the iQ's top speed of 106 mph.

Toyota has unveiled a new, more powerful version of their tiny iQ minicar.

Dubbed the iQ3 (iQ cubed), the new variant features a 1.33-liter dual VVT-i engine that produces 98 bhp and 125 Nm of torque. Despite the added power, the iQ is still a slow poke as 0-62 mph takes 11.8 seconds (11.6 seconds with the CVT). If you have all day, you might even be able to reach the iQ's top speed of 106 mph.

While it's not fast, it's frugal. Thanks to the iQ's stop & start system, the manual iQ gets 58.9 mpg while the Multidrive CVT version returns 55.4 mpg.

Standard equipment includes 16-inch alloy wheels, chrome-finished exterior mirror housings, climate control, and a six-speaker sound system. If that sounds a little basic for your tastes, options include additional chrome trim, rear parking sensors, a sporty body kit, leather seat upholstery, and a navigation system with Bluetooth connectivity.

Priced from £11,495 (£12,495 for the CVT), the new iQ3 is on sale now.

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Toyota iQ Range Extended with 98bhp 1.33 Dual VVT-i Engine