No information was given ahead of the unveil apart from teaser pictures, one of which included the inscription Hybrid Reborn.
The Prius was Toyota’s first global hybrid model when it launched in 1997 and the car went on to become a trailblazer for the fuel-saving properties of electrified drivetrains.
Toyota has since deployed hybrid powertrains across the majority of its vehicles in Europe, which has contributed to sales of the Prius dropping to low levels in the region.
U.S. sales of the Prius plunged 44 percent to 29,994 units through October this year, Toyota said in its monthly U.S. sales report.
It's a similar story in Canada, where Prius sales are down 39 per cent to 3,771 through October.
The automaker withdrew the Prius from Europe this year after selling just 2,291 in 2021, according figures from market analysts Dataforce.