Toyota Motor-owned luxury auto brand Lexus said on Tuesday that it plans to introduce 20 new or improved models by 2025, of which more than 10 will be electric. The company said in a statement that electrified models such as battery electric vehicles (BEVs), plug-in hybrids, and hybrid electric cars will be introduced. 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 that Lexus would open a business and technical center in March 2024 within the Toyota Technical Center Shimoyama in Aichi Prefecture, Japan.
Toyota launched its all-battery electric Lexus car last year. Car manufacturers around the world are switching to battery-powered vehicles amid growing competition to develop zero-emission vehicles and increased emissions regulations.
Volvo recently announced that by 2030 its entire lineup will be electric. The Swedish-based carmaker said that 50 percent of its global sales should be fully electric cars by 2025 and the other half hybrid models. It also said that it would start selling exclusively online.
Last month, Ford Motor said that its lineup in Europe would be fully electric by 2030, while Tata Motors’ unit Jaguar Land Rover said that its luxury Jaguar brand would be fully electric by 2025 and the carmaker would have its own by 2030 Will launch electric models of the entire line. .
In November last year, Germany-owned Volkswagen-owned luxury carmaker Bentley said its models would be all-electric by 2030.