Recently, it has been reported that Toyota will halt the development of the mass-production model of the battery electric sedan 'LF-ZC' under its luxury brand 'Lexus'. Toyota has confirmed this news, stating that the move is 'part of the adjustment to the company's overall vehicle development projects based on changes in market demand.' Toyota emphasized that this adjustment only involves part of the vehicle development plans and does not mean the company is abandoning its BEV (battery electric vehicle) business.
