Toyota Aims To Release a New EV Under the Lexus Brand in 2026

Under its newly-minted CEO, Koji Sato, Toyota has announced that it will be focusing its efforts on creating new electric vehicles "unique to Toyota and Lexus." While the company has been dabbling in hybrid models for some time now, it only has one fully electric car, the bZ4X SUV. The company now says it plans to "accelerate" its approach to EV development.Toyota is now aiming for a 2026 timeline to debut "next-generation" EVs under the Lexus brand. The company says it will be working on "every...