In a move that shows the increasing importance of electric vehicles, Lexus has announced plans to go all-electric by 2035. The luxury automaker revealed several new electric concept cars at the recent Tokyo Motor Show and outlined its broader electrification strategy. While exact details are still sparse, Lexus says it will introduce an extended range EV in 2021 and have an electric lineup by 2035. This announcement will energize the growing EV market and could foreshadow more competition for Tesla. Stay tuned for updates as Lexus shares more information about its electrification roadmap.