Toyota may even be increasing its present EV lineup, which at present consists of the bZ4X crossover SUV (which required a recall to ensure its wheels don’t fall off) and the Subaru Solterra EV constructed on high of Toyota’s e-TNGA versatile EV platform. Lexus has but to launch its RZ 450e SUV that’s primarily based on the identical platform.

Koji Sato, who’s at present the president of Lexus, will substitute Akio Toyoda as president and CEO of Toyota on April 1st. Throughout a press convention on Monday, Sato stated next-generation battery electrical autos are the primary order of enterprise precedence and that the “time is true” to develop EVs underneath the brand new crew as soon as they take over in April, which is once we ought to hear extra concrete particulars.

That is coming after years of criticism over Toyota’s gradual method to electrical car adoption, resting on its laurels with environment friendly fuel and hybrid automobiles, and being distracted by the event of hydrogen-powered autos. In the meantime, rivals are already extending purpose-built EV platforms throughout their product strains, like GM with Ultium.

Sato talked about Toyota would take an “omnidirectional method,” suggesting it’s going to regularly maintain its hybrid enterprise — with autos just like the now-refreshed Prius — related. “We wish to keep in tune with prospects around the globe and supply various choices,” Sato stated.