Toyota Unveils 1,000 KM Range Lexus EV Concept, Aims To Hit Roads In 2026
Portfolio Pulse from Shivani Kumaresan
Toyota Motor Corp's Lexus has unveiled its next-generation Battery Electric Vehicle (BEV) concept car LF-ZC, which is expected to hit the market in 2026. The new vehicle, presented at the Japan Mobility Show, uses advanced batteries that could double the range of conventional EVs to nearly 1,000 kilometers. Toyota also plans to release vehicles powered by state-of-the-art solid-state batteries between 2027 and 2028. By 2035, battery EVs will represent all global sales for its Lexus brand.
October 25, 2023 | 5:58 pm
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Toyota's unveiling of its next-generation Battery Electric Vehicle (BEV) concept car LF-ZC and its plans for future EVs could positively impact its stock price.
The unveiling of Toyota's next-generation Battery Electric Vehicle (BEV) concept car LF-ZC and its plans for future EVs indicates the company's commitment to the EV market. This could attract investors interested in the EV sector, potentially leading to an increase in the company's stock price.
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