RZ500e Luxury
$84,500 +ORC
- Battery
- 74.7kWh
- Range
- 460km (WLTP)
- Power
- 280kW
- DC charge
- 22kW AC, 150kW DC

Lexus
Medium luxury electric SUV
From $84,500 plus on-road costs
Every version is dual motor AWD, the F Sport brings a steer-by-wire yoke, and a nine car RZ600e flagship lands late in 2026.
We haven't driven the RZ yet. On paper, if you are novated leasing, stick to the RZ500e: the RZ550e F Sport sits over the LCT threshold. Try the steer-by-wire yoke on the F Sport before committing, since it changes how the car steers. The RZ600e is limited to nine cars through eight dealers.
Lexus loyalists moving to their first EV, and novated lease buyers who want a premium electric SUV with dual motor AWD under the tax thresholds.
up to 460 km WLTP, charge at home
up to 460 km
WLTP range
Real-world range will vary with speed, weather and load.
22 kW
DC fast charging
| Grade | Price from | Battery | Range | Power | DC charge | Key differences |
|---|---|---|---|---|---|---|
| RZ500e Luxury | $84,500 +ORC | 74.7kWh | 460km (WLTP) | 280kW | 22kW AC, 150kW DC | |
| RZ500e Sports Luxury | $91,000 +ORC | 74.7kWh | 460km (WLTP) | 280kW | 22kW AC, 150kW DC | |
| RZ550e F Sport | $104,920 +ORC | 77kWh | 437km (WLTP) | 300kW | 22kW AC, 150kW DC | |
| RZ600e F Sport Performance | $135,000 +ORC | 77kWh | 420km (WLTP) | 313kW |
$84,500 +ORC
$91,000 +ORC
$104,920 +ORC
$135,000 +ORC
Seating
Boot space
Safety rating. No Australian crash rating for this model yet
Drivetrain
Look at the alternatives if range and charging speed matter more than badge and cabin finish, or you regularly tow more than 1500kg.
The RZ500e Luxury is $84,500, the RZ500e Sports Luxury is $91,000 and the RZ550e F Sport is $104,920, all plus on-road costs. The limited RZ600e F Sport Performance is $135,000 plus on-roads.
The RZ500e is rated at 460km WLTP from a 74.7kWh battery. The RZ550e F Sport drops to 437km with a 77kWh battery, and the RZ600e is rated at 420km.
Yes. Lexus Australia has secured nine of the 200 cars built worldwide, priced from $135,000 plus on-roads, due in the fourth quarter of 2026 through eight dealers.
The updated RZ is now priced to compete, with the range starting at $84,500 plus on-roads after cuts of up to $42,000. Every version is dual motor AWD, the F Sport brings a steer-by-wire yoke, and a nine car RZ600e flagship lands late in 2026. On paper the value is much better than before, but range still trails the newest rivals.