2023 Lexus RZ

While it's not the first luxury electric SUV, the RZ is Lexus' first dedicated EV and faces stiff competition from Germany and Korea.

EVs have been thin on the ground for Toyota, but that's all about to change as the brand begins its all-electric rollout.

Lexus has added a RZ300e model to its Japanese range, which serves up less power, but weighs less and has a lower price.

ANCAP has announced its first vehicle assessed under its tougher new testing criteria, with the Lexus RZ earning five stars.

Pricing across the Lexus range has been adjusted, headlined by a $19,704 increase to the LC – while the LS, RZ, RX and LX all received price drops.

The Lexus RZ electric SUV will be priced from $123,000 before on-road costs in Australia. It's set to arrive in May this year.

The first Lexus EV built on a dedicated platform will hit Australia before the middle of 2023. Pricing and supply are still to be revealed.

Lexus calls its heating panels an example of 'omotenashi', meaning to wholeheartedly look after guests. But there are other benefits.

Lexus exhibited sporty and off-road versions of its RZ, RX, and LX at this year's Tokyo Auto Salon and Tokyo Outdoor Show.

Lexus will bring its first dedicated electric vehicle to Australia next year, with the RZ450e confirmed for a mid-2023 arrival.

Ahead of its full launch next year, the exterior of the Lexus RZ electric crossover was unveiled overnight at a massive Toyota event.