Toyota and Lexus have some big EV plans with a range of cars set to arrive covering a multitude of segments. The 16 previewed concepts will translate into production cars that will cater to everything from trucks and off-road SUVs to sports cars and family hatchbacks. Each model will be designed to fulfill a specific segment.

The one car that drew almost all of the attention at this announcement was the electric sports car that Lexus has already confirmed to be an early design of its official LFA successor. The premium arm of the Japanese brand has already promised fans that this exciting new-age performance car will directly benefit from the resource-intensive development program of the original model.

A surprise update from Best Car Web suggests that this electrified offering will not sit alone at the throne of the Lexus F-Sport hierarchy. An insider well-versed with the future development of Gazoo Racing has hinted that an ICE-powered "LFA2" is being put together with a scheduled release date of 2025. This product has apparently been in development since before Toyota's expansive EV announcement. The publication already gave some details regarding this project but now it has some more information to share.

The insider states that the LFA2 will employ a twin-turbocharged 4.0-liter V8 utilizing electric-hybrid assistance to push a combined output of 700 horsepower. The flagship sports car will be built around Toyota's TNGA-L architecture and abandon the carbon chassis structure that was seen on the original LFA. A motivation for this is so that it can be sold at a more reasonable price than the $375,000 2010 sports car.

The GA-L layout is currently applied to the Toyota Crown, which is reportedly due in the USA this year, and the Lexus LC and LS. What comes as the surprise is the hint of a twin-turbo 4.0-liter V8 because the group does not currently have such an engine in rotation. The 1UZ-FE was available in this displacement for use in premium models of the early 90s but without turbocharging. It was discontinued globally by 2000.

The LFA2 will have a Lexus badge upfront but the Gazoo Racing insider says it will be the last conventional sportscar from Toyota. A price range of 25 to 30 million yen (approximately $217,000 to $260,000) has been bookmarked but we don't know how many will be built. Visually, we can expect it to look very similar to the electric LFA concept.

The hydrogen-fueled 5.0-liter V8 that Toyota is developing alongside Yamaha has not been mentioned in the report but let's not rule it out. Using this motor would be a logical fit for an LFA successor considering that Yamaha was also very instrumental in putting together the iconic naturally aspirated V10 used in the LFA.

Current performance figures for this exciting engine come in at 450 hp and 398 lb-ft of torque which is lower than the numbers being attached to the rumored LFA2 project. We also need to consider that this could just be the revival or new variation of the previously discontinued LC F project, which was expected to enter the market with a twin-turbo V8.