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Lexus RZ 2023: more affordable options not planned for Australia


Lexus’ Australian boss reveals no plans are in place to sell a cheaper RZ variant locally

Lexus Australia isn’t looking to introduce a more affordable version of its all-electric RZ midsize SUV to its range. 

This information has come from a recent interview that Chasing Cars conducted with Lexus Australia CEO John Pappas. 

The Lexus RZ 450e is sold exclusively in a dual-motor configuration

Currently, the RZ 450e starts at $123,000 before on-road costs in Australia for the entry-level Luxury variant. 

Despite being the entry-level model, this RZ 450e gets a motor on each axle, forming an all-electric all-wheel-drive system that produces 230kW. 

Since the introduction of electric vehicles, we’ve seen manufacturers introduce single-motor variants to increase affordability. 

2023 Lexus RZ 450e driving rear
The Lexus RZ shares a platform with Toyota’s BZ4X electric vehicle

When asked as to whether or not Lexus Australia is looking to introduce a single-motor variant of the RZ, Pappas was quick to say no, but didn’t rule out the idea for the future. 

“No, we don’t have any plans at this stage – and again, I say at this stage – on bringing out another grade of RZ,” he said

Pappas’ stance on the matter seems to fall inline with what we’ve seen from Lexus on a global scale in relation to the RZ. 

Lexus RZ 2023 front 3/4 driving 2
The RZ should be able to drive up to 400km on a single charge

Even in North America, which is famously Lexus’ strongest market, the RZ is sold in a single dual-motor, 450e grade.  

Lexus RZ450e: prices in Australia

All prices listed are before on-road costs.

  • Luxury: $123,000
  • Sport Luxury: $135,000