Toyota will introduce a 'next-generation' electric vehicle under the Lexus brand

Toyota will introduce a ‘next-generation’ electric vehicle under the Lexus brand

Toyota has unveiled its future intentions under a new CEO, and it seems that the corporation is finally pursuing electrification. In his introduction, new President and CEO Koji Sato said that Toyota and Lexus, its premium subsidiary, would develop new electric cars. He also said that the corporation is working on its “next-generation” battery electric cars, which would debut in 2026 under the Lexus brand. It’s unclear what “next-generation” implies, but Sato said that Toyota is working on “everything from the battery and platform to how a vehicle is designed suited for BEVs,” in addition to increasing its existing EV selection.