TOKYO -- Japanese automaker Toyota plans to develop a "next-generation" all-electric Lexus model by 2026 to meet rising demand for such luxury cars, according to the company's incoming president.
Automobiles
Toyota to develop new Lexus EV for 2026: incoming president
Koji Sato says company will first focus on making such cars for high-end market
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Toyota's first electric Lexus, the RZ, will be launched this year. (Photo by Hirofumi Yamamoto)
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