In a shocking move, Toyota has announced the cancellation of its highly-anticipated Lexus LF-ZC flagship electric vehicle, marking a significant shift in the Japanese automaker's strategy. As the global electric vehicle (EV) market continues to gain momentum, Toyota's decision to pull the plug on the LF-ZC raises questions about the company's commitment to EV production. Sources close to the matter suggest that Toyota's parent company, Toyota Motor Corporation, is reassessing its EV plans, with some reports indicating a scaling back of production targets. The cancellation of the LF-ZC flagship is seen as a major blow to Toyota's efforts to catch up with rivals like Tesla and Hyundai in the EV market.
Toyota cancels Lexus LF-ZC flagship as Japanese automakers retreat from EV plans Automotive News
