Toyota is going to release its next-generation electric vehicle under the Lexus brand in 2026. According to Koji Sato, Toyota’s New CEO: ‘Toyota is taking this step to amend its costly and slow EV development’.
The Japanese carmakers will also expand their current EV car consisting of the BZ4X crossover SUV and the Subaru EV on Toyota’s e TNGA flexible EV platforms.
On 1st April the president of Lexus will replace Akio Toyoda as president and CEO of Toyota.
It is the right time to develop EVs as the new CEO takes charge of the company. The production of EVs is needed because the competitors are extending purpose-built EVs platforms of their products.
The company said the next generation is quite not clear what company is going to launch after all it seems to be some battery-electric vehicles. Toyota continues to build its optimized cars for BEVs and also expand its current EV lineup.
Toyota is facing a hard time when moving above Prius technology when it comes to electric vehicle technology. The advancement in EV production is due to communication issues. The company will continue its multi-pathway and Omni directional approach.
Toyota is considering focusing on EV technology under the incoming CEO even though they have not yet launched its hybrid vehicles. The business announced that they would be releasing the beyond zero electric vehicles by 2025, which will be among the first seven.
Global car makers are competing with each other to release electric cars as the demand for battery vehicles is in demand. Companies are putting effort to shift to the next generations of transport faster.
In recent years the growth and sales of electric cars have increased. Countries which have high prices of petrol are interested in buying electric cars. The Arab countries seem difficult to shift to EVs. One of the advantages of EVs is carbon-free means fuel will use lesser due to their carbon emission.
Toyota has not introduce its battery vehicles previously. The anticipation is building up to watch how fast it rolls out its new electric vehicles. The company is trying to innovate in battery technology to provide better and carbon-free vehicles.
