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    Gentari group CEO Sushil Purohit and BYD Malaysia managing director Jacob Ma showing the signed documents in Shenzhen. Behind them (from left) are Gentari chief green mobility officer Fadzrul Ahmad, Petronas senior vice president for corporate strategy Marina Md Taib, BYD chairman and president Wang Chuanfu and BYD vice president Liu Xueliang.

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    From left: Sime Motors Southeast Asia managing director Jeffrey Gan; Sime group chief executive officer Datuk Jeffri Salim Davidson; BYD vice-president Liu Xueliang; and BYD Malaysia managing director Jacob Ma.

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Electric Lexus ES priced just A$2,000 above hybrid in Australia

tiencars by tiencars
08/07/2026
in World
Electric Lexus ES priced just A$2,000 above hybrid in Australia
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Lexus Australia has launched the new ES with hybrid and electric powertrains, with only A$2,000 separating the entry hybrid from the cheapest EV version.

Lexus Australia has priced the ES 300h Luxury hybrid from A$75,000 (RM212,000) before on-road costs. The battery-electric ES 350e FWD Sports Luxury starts from A$77,000 (RM217,000), putting the electric version just A$2,000 (RM5,600) above the cheapest hybrid.

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It is not a strict equipment-for-equipment comparison, but it still makes the eighth-generation ES one of the cleaner examples of near-EV price parity in the luxury sedan segment.

The upper pair follows the same pattern. The ES 300h Luxury + EP is priced at A$82,000 (RM232,000), while the ES 500e AWD Sports Luxury sits at A$84,000 (RM237,000). Again, the gap is A$2,000.

This also marks a major change for the ES nameplate. Lexus said the ES is available as a battery electric vehicle for the first time, while the ES 300h continues as the hybrid option.

The ES 350e uses front-wheel drive, while the ES 500e adds a second motor for all-wheel drive.

BEV.

Lexus Australia also lists Interactive Manual Drive for the ES 500e, a virtual manual-style feature exclusive to the higher-output electric variant.

Beyond the drivetrains, the new ES brings a longer and larger body, a more spacious cabin, Lexus Connected Services, a new multimedia system, a digital cockpit and the latest Lexus Safety System+.

In Australia, the close pricing gives Lexus buyers a more direct hybrid-versus-EV choice. The electric ES is close enough in price to make home-charging buyers look twice.

BEV.

Hybrid.ES 500e BEV.ES 350e BEV.

Tags: A$2K difference onlyeighth-generation ESLexus ES arrives in Australianear-EV price parityvirtual manual-style feature
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