Lexus Unveils 2027 TZ Electric SUV: Pricing and Performance Details Revealed




Lexus has officially detailed the pricing and specifications for its highly anticipated 2027 TZ, an all-electric, three-row sport utility vehicle. This new model is poised to be one of the first to market on a shared electric platform that will also underpin future offerings from Toyota and Subaru. With an initial price point of $64,050 for the TZ450e Premium, the vehicle will deliver 308 horsepower and an estimated driving range of 253 miles. Subsequent premium and luxury variants, arriving in early 2027, promise enhanced range and the option for a performance boost.
The automotive landscape is buzzing with the introduction of new electric vehicles, and Lexus is making a significant entry with its 2027 TZ. This electric three-row SUV is built on a common platform shared with upcoming electric SUVs from Toyota and Subaru, signifying a collaborative effort in electric vehicle development. Lexus has confirmed that the TZ will be the first among these to reach the U.S. market, with initial models slated for release later this year. This timing places Lexus ahead of its counterparts, as the Toyota Highlander and Subaru Getaway electric models have faced delays, now expected in 2027 for the 2028 model year.
The base model, the 2027 Lexus TZ450e Premium, will commence sales at $64,050. This variant, which will be the first to appear in showrooms, initially garnered expectations of 402 horsepower. However, Lexus has now revised this figure to 308 horsepower. Equipped with a 77-kWh battery pack, the TZ450e Premium is projected to offer an approximate driving range of 253 miles on a single charge. For those seeking greater power, Lexus will provide a 'Performance Upgrade,' exclusively available through dealerships for the top-tier Luxury trim. This upgrade will restore the previously advertised 402 horsepower output, indicating a tiered performance strategy.
Further expanding the lineup, the TZ450e Premium Touring model is set to launch in early 2027 with a starting price of $72,050. While featuring the same dual-motor configuration, this version boasts a larger 96-kWh battery, extending its estimated range to a more substantial 315 miles. Topping the range is the TZ450e Luxury, priced at $80,550. This premium offering, despite its higher price, exhibits a slightly reduced range of 279 miles, attributed to its larger 22-inch wheels compared to the Premium Touring's 20-inch wheels. Lexus has also made a build-your-own configurator tool available for the TZ, allowing prospective buyers to customize their vehicle.
In terms of market positioning, the 2027 Lexus TZ aligns competitively within the three-row electric SUV segment. Its starting price places it in a similar bracket to mainstream electric SUVs like the Kia EV9 and Hyundai Ioniq 9, both of which begin slightly above the $60,000 mark. Meanwhile, luxury electric SUV rivals such as the Cadillac Vistiq and Volvo EX90 typically command starting prices in the high-$70,000 range, with their fully loaded versions exceeding the cost of a top-spec TZ.
The imminent arrival of the 2027 Lexus TZ marks a significant development in the electric SUV market, offering a compelling blend of luxury, performance, and advanced technology. With its strategic pricing and diverse trim levels, the TZ is well-positioned to attract a broad spectrum of electric vehicle enthusiasts, further intensifying competition within the rapidly evolving automotive industry.