Toyota Halts Lexus EV Plans Under Broader Investment Review
Toyota Motor Corp. halted development of a next-generation electric vehicle for its Lexus brand, citing weak demand and the elimination of US subsidies amid a broader review of new projects.
By Tsuyoshi Inajima · Bloomberg
Toyota Motor Corp. halted development of a next-generation electric vehicle for its Lexus brand, citing weak demand and the elimination of US subsidies amid a broader review of new projects.