Electric vehicles to dominate line up at Toyota's Lexus by 2025


FILE PHOTO: A security guard is reflected in the logo of a Toyota Motor Corp's Lexus car at the company's showroom in Tokyo May 31, 2013. . REUTERS/Toru Hanai

TOKYO (Reuters) - Lexus, a luxury auto brand owned by Toyota Motor Corp, said on Tuesday it plans to introduce 20 new or improved models by 2025, of which more than 10 will be electric.

Electrified models such as battery electric vehicles (BEV), plug-in hybrids and hybrid electric cars will be introduced, the company said in a statement.

Lexus also unveiled a BEV concept car, the "LF-Z Electrified", which will include features such as a new four-wheel driving force control technology.

Two new models will be launched this year, Lexus International President Koji Sato said at an online press conference on Tuesday.

He also said Lexus would open a business and technical centre in March 2024 within the Toyota Technical Center Shimoyama in Japan's Aichi Prefecture.

Toyota launched its all-battery electric Lexus car last year. Carmakers around the world are switching to battery-powered vehicles amid tougher emissions regulations and growing competition to develop zero-emissions vehicles.

(Reporting by Eimi Yamamitsu; Editing by Kirsten Donovan)

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3

   

Next In Tech News

German watchdog bans Facebook from processing WhatsApp data
Exclusive - Waymo, Cruise seek permits to charge for self-driving car rides in San Francisco
EA signals gaming boom extending run with upbeat annual forecast
FCC studying impact on chips shortage on U.S. communications sector
Judge in U.S. case against Facebook delays trial preparation
U.S. senator asks firms about sales of hard disk drives to Huawei
Ubisoft invests in free-to-play games, signals profits might fall
YouTube to launch $100 million creator fund for Shorts video feature
EBay taps into NFT frenzy, allows sale on platform
Tech selloff in focus as Nasdaq backs further away from record highs

Stories You'll Enjoy


Vouchers