The promised ultra-efficient next-gen Toyota EV models will not hit the market in 2026 as expected. Toyota is delaying the launch of its next wave of EVs as it introduces new tech that promises to cut costs and speed up production.
Expand Expanding Close
The all-electric luxury electric SUV is getting significantly cheaper. Lexus launched a new entry-level 2025 RZ trim with starting prices over $10,000 less than last year’s model. And you get just as much driving range.
Expand Expanding Close
Lexus is giving you a massive new incentive to try out its all-electric luxury SUV. Through a new deal this month, Lexus is offering up to nearly $22,000 in lease cash on 2024 RZ models.
Expand Expanding Close
Toyota will not make electric SUVs in the US starting next year as planned. According to a new report, Toyota is delaying production of new electric SUVs in the US by several months. The company is blaming the holdup on slowing EV sales in the US, but are they really?
Expand Expanding Close
Toyota’s luxury Lexus brand will play a key role in the Japanese automaker’s EV plans. After opening its new global headquarters, Lexus is embracing an “ajimigaki” strategy to revamp the luxury brand.
Expand Expanding Close
Toyota is planning to build a new EV battery plant on Japan’s “Silicon Island” to keep pace with BYD and other incoming Chinese electric car makers. The factory will strengthen Toyota’s EV supply chain while supplying batteries for its luxury Lexus brand.
Expand Expanding Close
Despite its slow shift to fully electric cars, Toyota may be learning. Toyota announced it’s opening Lexus charging stations to other EVs in Japan, taking a page from Tesla in the US and globally.
Expand Expanding Close
Toyota is once again facing scrutiny under Chairman Akio Toyoda’s leadership, and two of the Japanese automaker’s largest shareholders have seen enough. Following a recent report of misconduct regarding inadequate vehicle verification testing amid a previous wave of certification violations, the descendant of Toyota’s original founder is on the hot seat.
Expand Expanding Close
Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey.
Expand Expanding Close
Toyota just announced a $1.3 billion investment in its Kentucky factory to build EVs, including its three-row electric SUV for the US market.
Expand Expanding Close
Lexus is already updating its first all-electric model. The 2024 Lexus RZ lineup is gaining a new RZ 300e model with more range and a cheaper starting price.
Expand Expanding Close
As the EV price war heats up, Lexus is increasing the discounts. Lexus is offering up to $15,000 off 2023 RZ 450e leases, its biggest discount so far.
Expand Expanding Close
Lexus plans to launch a next-generation EV with super-low drag, high range, and a gigacast vehicle structure, in the most significant electric vehicle announcement to come out of this year’s Japan Mobility Show.
Expand Expanding Close
Several new electric vehicles will be shown at the Japan Mobility Show later this month. Automakers, including Subaru and Lexus, will showcase their vision for the future, and we are getting a sneak peek of what that will look like.
Expand Expanding Close
Despite a slow start, Toyota plans to accelerate electric vehicle output over the next several years. The Japanese automaker aims to triple EV production of Toyota and Lexus brand models in 2025 as mass production begins.
Expand Expanding Close
With new global boss Takashi Watanabe at the helm, Lexus is finally venturing into the modern age of fully electric vehicles. To pick up the pace, Watanabe said Lexus will “humbly look at and learn from” Tesla’s accomplishments.
Expand Expanding Close
It looks like a new electric Lexus three-row SUV could be on its way. Toyota filed four trademark requests this week with the EU Intellectual Property Office (EUIO) for a new Lexus TZ model.
Expand Expanding Close
After its first electric SUV arrived in the US earlier this year, Lexus is already offering a steep discount for you to get your hands on one. In some cases, you can earn up to $10,000 in lease cash on the 2023 Lexus RZ.
Expand Expanding Close
Lexus has begun accepting orders for its first fully electric vehicle, the RZ 450e, an upscale luxury alternative to the Toyota bZ4X. Check out the latest RZ 450e images from Lexus below.
Expand Expanding Close
Amid new leadership changes, Toyota is reshuffling its business structure, claiming the “time is right” to accelerate battery electric vehicle (BEV) development. Toyota says it will take a new EV-first approach, starting with its luxury brand Lexus.
Expand Expanding Close
The first fully electric Lexus SUV in the US, the RZ 450e, is now available to pre-order. Lexus is asking drivers to “experience the difference between an electric vehicle and an electric Lexus,” but is the RZ 450e worth more than a Tesla Model Y?
Expand Expanding Close
Ahead of its start of production this fall, Lexus continues to share more glimpses of its RZ 450e electric SUV and its exciting yoke steer-by-wire-system. Before test drives begin for consumers, some media outlets have been able to get behind the wheel yoke of the Lexus RZ 450e and document the drive. Check out the video below.
Lexus is about to unveil its first all-electric vehicle, the Lexus RZ 450e, later this month, and it has started teasing it with new pictures.
It is expected to be based on the Toyota BZ4x and features a yoke steering wheel.
Expand Expanding Close
Toyota has released additional images of “possible” new Lexus electric sports vehicles with “430 miles” of range. However, the automaker is using extremely vague language about those vehicles.
Expand Expanding Close