Electrified models such as battery electric vehicles (BEV), plug-in hybrids and hybrid electric cars will be introduced, the company said in a statement. Two new models will be launched this year, Lexus International President Koji Sato said at an online press conference on Tuesday. He also said Lexus would open a business and technical centre in March 2024 within the Toyota Technical Center Shimoyama in Japan’s Aichi Prefecture. Read MoreToyota launched its all-battery electric Lexus car last year. Carmakers around the world are switching to battery-powered vehicles amid tougher emissions regulations and growing competition to develop zero-emissions vehicles.

Source: Standard Digital March 30, 2021 11:15 UTC