World’s biggest carmaker cancels EV saloon development amidst market uncertainties

Toyota has halted development of its next-generation Lexus electric car, the LF-ZC, amidst market uncertainties and waning demand.

World’s biggest carmaker cancels EV saloon development amidst market uncertainties. The latest electric car model on the chopping block, Toyota has just announced that it’s pulling the plug on development of the Lexus LF-ZC – an EV saloon that was destined to take the fight to the all-new BMW i3 and Mercedes C-Class Electric. Previewed at the 2023 Japan Mobility Show and originally set to reach production later this year, the LF-ZC was a fresh EV approach from the ground up. It showcased an all-new design for future Lexus models, as well as novel manufacturing techniques such as gigacasting, where large structural parts of the chassis would be manufactured in a single section – rather than having several smaller parts joined together on the production line. Not only that, but the LF-ZC was to be Lexus and Toyota’s foray into solid-state b...