2023 Lexus RZ electric SUV: Australian pricing and features

Australian pricing for the new 2023 Lexus RZ electric SUV has been announced today ahead of its May launch, arriving in the form of the high-grade RZ 450e.

The mid-size SUV is the first Lexus to be built on a dedicated all-electric platform, following the petrol/electric UX small SUV.

The RZ's arrival also makes it an in-house alternative to the petrol- and petrol-electric hybrid RX range.

Lexus RZ EV v Lexus RX size comparison

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2023 Lexus RZ pricing, power and driving range

The RZ 450e will come to Australia in two grades: Luxury and Sports Luxury, priced from $123,000 and $135,000, respectively.

These prices exclude on-road costs, and neither variant is eligible for federal- or state-based purchase incentives.

Both models are powered by a 71.4 kWh lithium-ion battery unit that produces 230 kW of power and delivers a claimed driving range of 470 kilometres.

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The vehicle can be charged via a three-phase power supply, taking approximately 6.5 hours, or a DC fast-charging system that can charge to 80 per cent in about 30 minutes. An 11kW on-board charger is also provided.

The RZ 450e is the first Lexus built on the e-TNGA platform, developed specifically for EVs. As with all dedicated electric car architectures, the platform is intended to provide the RZ with strong body rigidity, a low centre of gravity, and a long wheelbase – now something of a trademark for EVs.

The RZ 450e also employs an electric 'e-axle' for both the front and rear wheels, designed to distribute optimum power and grip to each wheel as required.

The basics

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Features and equipment

The 'entry-level' Luxury grade's standard features include LED headlights, rear spoiler, and heated side mirrors, while the Sports Luxury model adds 20-inch alloy wheels, dynamic auto-levelling headlights, and a dimming panoramic roof.

RZ 450e Luxury

• LED headlights with static auto-levelling and headlight washers
• LED daytime running lights
• Rear spoiler
• Rear privacy glass
• Heated side mirrors and auto-dimming (driver's side) with auto power folding function
• 18-inch alloy wheels
• NuLuxe leather trim
• 8-way driver and front passenger power adjustable heated seats (driver's with two-way lumbar power adjustment)
• 14-inch multimedia display
• 10-speaker Panasonic audio with DAB
• Wireless Apple CarPlay and Android Auto
• Five USB-C ports and Qi wireless phone charger
• Suite of Lexus Connected Services
• 10 airbags
• Lexus Safety Sense

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RZ 450e Sports Luxury (in addition to the Luxury grade)

• 20-inch alloy wheels
• Acoustic glass
• Dynamic auto-levelling headlights with cornering function
• Two-tone exterior paint option
• Ultrasuede interior trim
• Heated outer rear seats
• Ventilated driver and front passenger seats
• Heated steering wheel
• Radiant heating for front seat occupants
• Three-position driver seat memory
• Touch-sensitive steering wheel controls
• Head-up display
• Adaptive high beam system
• Intelligent park assist
• Dimming panoramic roof
• Smart key card
• 13-speaker Mark Levinson Premium Audio

The RZ will also be offered with the option of a steering 'yoke', as pictured above. Lexus says the column-less steering brings an unrivalled level of flexibility and versatility and almost infinitely variable steering parameters.

Both grades come with complimentary home charging for all RZ 450e owners through Lexus Encore Electrified Platinum benefits, which also includes Lexus On Demand and complimentary Valet Parking.

The RZ 450e represents a key milestone for Lexus as it moves towards offering only hybrid, plug-in hybrid, and battery electric vehicles in Australia by 2030.

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