The great EV pullback: all the obstacles, cancellations, and delays
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Toyota’s pulling the plug on its new Lexus EV.
As Nikkei Asia reports, Toyota is discontinuing development of the mass-production version of the LF-ZC concept EV it announced in 2023, focusing instead on developing SUVs. The electric Lexus was originally supposed to launch in 2026, but got delayed until 2027 and may now be shelved indefinitely.
Toyota halts development of next-gen Lexus EV model
[Nikkei Asia]
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