But the Toyota Group, which includes Lexus of course, is a car company, and generates its profits from making and selling cars. In terms of its second hybrid strategy, this phraseology actually refers to six powertrains—gasoline, diesel, hybrid, plug-in hybrid, electric vehicles and hydrogen-powered electric vehicles. It is also expected that Toyota will launch two EVs in the U.S. market this year and one plug-in hybrid. One of the EVs rumored to land in America by December is the C-HR EV, which is currently sold in China. Mirroring many of the technologies we can expect to see in future EVs and hybrids, the LF-30 employs wireless charging technology, in-wheel electric motors, self-parking and front door pickup.

Source: Forbes March 29, 2021 16:41 UTC