2023 Lexus RZ EV price and specs: Full info for EQC, GV60, iX3 electric SUV alternative


Key Points

  • Lexus RZ electric car priced from $123,000
  • Two models, one battery size, AWD only
  • Up to 470km driving range, home charger included

The Lexus RZ is the Japanese luxury brand’s first ground-up electric SUV.

Priced from $123,000 to $135,000 before on-road costs, the RZ EV provides up to 470km of estimated driving range on the lenient NEDC cycle featuring a new spindle grille design, large 14-inch touchscreen, and adopts the dedicated e-TNGA EV platform shared with the Toyota bZ4X and Subaru Soltera SUVs.

It’s worth noting that the 18- and 20-inch alloy wheels do have a significant range claim difference overseas, which the local arm didn’t detail.

However, it did confirm that it intends to offer its steer-by-wire yoke steering wheel as an option later on.

Lexus RZ yoke steering wheel and charging portLexus RZ yoke steering wheel and charging port

Pictured: Optional yoke steering wheel available later

The RZ is eligible for select Australian electric car incentives, excluding the fringe benefits tax (FBT) exemption for company fleets and novated leases.

The Lexus electric car boasts 11kW AC and 150kW DC charging capabilities via its Type 2/CCS2 port positioned at the front-left quarter side.

The Lexus RZ EV directly competes with the Genesis GV60, Electrified GV70, BMW iX and Mercedes-Benz EQC, as well as cheaper alternatives such as the Tesla Model Y, Hyundai Ioniq 5, and Volvo C40 Recharge electric cars.

Lexus RZ Key Specs: Range, Charging and Size

Two-tone copper/black Lexus RZ in sunset rear view with LED tail lights on
View our EV database
simple icon

Lexus RZ Price and Models

Lexus RZ 450e LuxuryLexus RZ 450e Luxury

RZ 450e Luxury price: $123,000 before on-road costs

Luxury features:

Battery64kWh usable battery
Exterior18-inch alloy wheels
LED headlights with auto-levelling and washers
Rear spoiler
Rear privacy glass
Heated, auto-dimming wing mirrors
InteriorNuLuxe synthetic leather trim
Eight-way driver and front passenger electrically adjustable seats
Two-way driver seat electrically adjustable lumbar
Heated front seats
Technology14-inch infotainment system with wireless Apple CarPlay and wired Android Auto
Three-year Lexus Connected Services
Driver instrument display
Qi wireless charging pad
Five USB-C charging ports
10-speaker Panasonic audio
Safety assistFront auto emergency braking with car/pedestrian/cyclist/intersection detection
Lane departure and centring assist
Blind-spot detection
Rear cross-traffic alert
Adaptive cruise control
Driver attention monitoring
Safe exit assist via e-latch door handles
Lexus RZ Sports LuxuryLexus RZ Sports Luxury

RZ 450e Sports Luxury price: $135,000 before on-road costs

Sports Luxury adds:

Exterior20-inch alloy wheels
Acoustic glass
Adaptive LED high beam headlights
Cornering function for LED headlights
InteriorUltrasuede trim
Ventilated front seats
Three-position driver seat memory
Energy-saving radiant heating for front occupants
Heated steering wheel
Touch-sensitive steering wheel buttons
Heated outer rear seats
Electrochromatic dimming panoramic glass roof
TechnologyHead-up display
Key card
13-speaker Mark Levison audio
Automatic parking assist
Two-tone copper-black Lexus RZ front grille view

Lexus RZ Options

  • Exterior paint – $TBA
  • Two-tone exterior paint – $TBA
  • Yoke steering wheel – coming soon

Lexus RZ Warranty and Servicing

Lexus RZ touchscreen showing traction battery settings page

The Lexus electric SUV comes with a five-year, unlimited kilometre vehicle warranty and a long 10-year, unlimited kilometre battery warranty – provided you service it with Lexus (otherwise it’s five-years only).

Overseas, Lexus claims the battery pack will retain 90 per cent of its health after 10 years of use – but degradation isn’t covered in Australia.

The RZ benefits from the Lexus Encore Electrified Platinum program, which includes the installation of a single-phase ABB 7kW AC wall charger via Jet Charge, internet-connected services, mobile app function, three-years free Chargefox public charging, and limited redemptions for its on-demand rental service and valet parking.

Roadside assistance, servicing loan cars, and capped-price servicing are covered for the first five years.

Lexus Australia hasn’t detailed servicing schedules and costs yet.

Lexus RZ Spec Comparison

Lexus RZ FAQs

Datawrappers by Danny Thai

About the author

Author Avatar

Henry Man

simple icon

Henry Man is a motoring journalist passionate about the intersection of technology and transportation, with a focus on electric vehicles.

Stay up to date with the latest EV news

  • Get the latest news and update
  • New EV model releases
  • Get money savings-deal

Privacy policy