Electrified models such as battery electric vehicles (BEV),
plug-in hybrids, and hybrid electric cars will be introduced, the company said
in a statement. Lexus also unveiled a BEV concept car, the "LF-Z
Electrified", which will include features such as a new four-wheel driving
force control technology.
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.
Toyota 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.
Volvo recently announced that its entire lineup will be
electric by 2030. The Swedish-based carmaker said that 50 percent of its global
sales should be fully-electric cars by 2025 and the other half hybrid models.
It also said that it will start selling exclusively online.
Last month, Ford Motor said its lineup in Europe will be
fully electric by 2030, while Tata Motors unit Jaguar Land Rover said its
luxury Jaguar brand will be entirely electric by 2025 and the carmaker will
launch electric models of its entire line-up by 2030.
In November last year, luxury carmaker Bentley, owned by
Germany's Volkswagen, said its models would be all electric by 2030.
© Reuters
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