Toyota Australia has finally put a price on the electric HiLux. It opens at $74,990 plus on-road costs for the SR cab-chassis, $76,490 for the SR pickup, and $82,990 for the SR5. Showrooms get stock in May 2026, with Australia the first market outside Thailand to receive the BEV variant.

What you actually get

Every grade runs the same dual-motor all-wheel-drive layout. A 59.2 kWh lithium-ion battery feeds an 82 kW front motor and a 130 kW rear motor for a combined 150 kW. NEDC range is 315 km. That is the headline number Toyota has put on the brochure, and it is generous compared with WLTP, which would shave it further. For context, a current diesel HiLux SR will see 1,000 km between fills.

Where it sits in the range

The diesel HiLux SR double cab pickup is currently $61,710 drive-away in most states. The electric SR pickup at $76,490 plus on-roads lands roughly $20,000 above its diesel sibling once you stamp it on the road. The SR5 BEV at $82,990 is firmly in mid-tier LandCruiser Prado territory.

Toyota is selling this as a commercial and fleet tool, not a tradie family hauler. The talking points all reference site work, mine fleets, council use, and businesses that need a zero-emission ute for procurement reasons. There is no mention of camping, towing the boat, or the school run.

Cartell Assessment

The numbers tell you exactly who this ute is for, and it is not the average HiLux buyer. A 315 km NEDC range converts to roughly 250 to 270 km in real-world driving, less with a load, less again with a trailer. Toyota knows that and has priced this for fleets where the depot has a charger and the run is predictable. The privately-bought tradie who tows a Trayon camper to the Flinders Ranges is still buying a diesel SR. Toyota appears comfortable with that split.

The premium over a diesel HiLux is the part the market will choke on. A four-wheel-drive ute with less range than a city EV, at LandCruiser money, is a procurement-officer purchase, not an emotional one. Fair enough. Toyota is not pretending otherwise.

AU Outlook

May 2026 deliveries are now live. Watch for fleet wins announced over winter, particularly mining and government tenders, which were the original tell that this would land here at all. The hydrogen HiLux is the next chapter, due 2028. Until then, the diesel SR will keep doing what it has always done. Worth tracking: whether Toyota offers a longer-range variant to private buyers, or whether the BEV stays a fleet tool for its full lifecycle.