Toyota Motor Corp. has decided to halt development of a next-generation electric vehicle model under its luxury Lexus brand, sources close to the matter said Friday.The decision is believed to reflect a slowdown in the global electric vehicle market, although the automaker still plans to continue developing related advanced technologies for future products.The canceled model is the mass-produced Lexus LF-ZC EV, which had been scheduled to enter production in 2027. The vehicle, which boasted fast charging capability and extended driving range, was unveiled at the Japan Mobility Show in Octob…READ FULL ARTICLE
