Toyota has abandoned its planned Lexus LF-ZC electric sedan that was due by the end of 2026. The company will instead focus on larger SUVs while continuing solid-state battery and gigacasting development for future EVs.

The Japanese firm has never truly believed in them, though its stance has evolved under new chief executive Koji Sato.
At the same time, the company does not want to abandon combustion-engine models entirely, in which it still believes.
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