Lexus's first three-row electric SUV. Modified TNGA-K platform, AWD Direct4, 408 hp, 95.8 kWh, 530 km WLTP. Six seats. US and Japan launch late 2026; Europe 2027. Pricing not announced.
Lexus
Toyota's luxury vehicle division, founded 1989. Sells cars and SUVs globally under the Lexus name. Known for hybrid drivetrains; expanding into battery-electric with the RZ and TZ models.
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Lexus will update the LS flagship sedan for Japan on September 10, 2026, dropping the non-hybrid V6 in favor of a hybrid-only lineup and trimming the range to three grades. Australia gets the same update toward the end of 2026 and keeps selling the car into 2027. The US drops the LS after the 2026 model year, sending it off with a 250-unit Heritage Edition.
In the ACSI 2026 automobile study, mass-market and luxury brands finished level at 78 points out of 100, and Toyota led the whole industry with 83. Mercedes-Benz was the best luxury brand at 81, while Cadillac fell 15% to last place on 69 and Lexus dropped 10% to 78.
Lexus revealed the TZ, its first three-row electric SUV. Modified TNGA-K platform, AWD, 408 hp, 95.8 kWh, 530 km WLTP. Six seats. US and Japan late 2026, Europe 2027. Pricing not announced.
Lexus is the luxury arm of Toyota, established in 1989 with a US market focus and now sold globally. The brand built its reputation on hybrid powertrains - the LS600h and RX450h were segment firsts - and has been slower than German rivals to commit to battery-electric, launching its first dedicated EV platform with the RZ in 2023.
The TZ, due in late 2026, is the brand’s first three-row electric SUV and its first model on the updated TNGA-K platform shared with the new Toyota Highlander.