Amid weaker EV market – report, Toyota shelves Lexus electric saloon project

Corroborated by 2 sources from 2 publishers

globalbusiness2d ago

TL;DR

Reports differ across sources; according to finance.yahoo.com, toyota has scrapped development of a forthcoming Lexus electric vehicle, opting instead to direct resources towards sport utility vehicles and other body styles as momentum in the global EV market slows.

Sources