BYD Atto 1 vs Lexus Lm350H

What's the difference?

VS
BYD Atto 1
BYD Atto 1

$23,990 - $27,990

2026 price

Lexus Lm350H
Lexus Lm350H

$140,990 - $209,990

2024 price

Summary

2026 BYD Atto 1
2024 Lexus Lm350H
Safety Rating

Engine Type
Not Applicable, 0.0L

Inline 4, 2.5L
Fuel Type
Electric

Premium Unleaded/Electric
Fuel Efficiency
0.0L/100km (combined)

5.5L/100km (combined)
Seating
4

7
Dislikes
  • Fiddly and distracting touchscreen
  • ADAS interference
  • No spare wheel

  • Third row suits two people not three
  • Limited luggage space
  • It’s an expensive people mover
2026 BYD Atto 1 Summary

Back in 2010, Mitsubishi released Australia’s first mainstream electric vehicle (EV) in nearly a century.

That model, the i-MiEV, was a four-seater city-sized Kei car from Japan that cost $48,800, before on-road costs, or from roughly $70,000 in today's money. Little wonder it bombed. That was four times more than petrol-powered equivalents of the time.

Now, in 2026, the new BYD Atto 1 is the first EV sold here since the i-MiEV’s 2013 departure to be considered a four-seater city car.

It’s also the least-expensive EV money can buy, being even cheaper than many internal-combustion engine alternatives like the Mazda 2 and Toyota Yaris hybrid. The fact is, there’s nothing remotely near the Chinese supermini’s base price that’s electric.

But is the Atto 1 any good?

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2024 Lexus Lm350H Summary

Most people that are wealthy enough to be ferried around in a car or limo choose a long luxurious sedan like a Mercedes-Benz S-Class, BMW 7 Series or a Lexus LS. Of course, there are now also SUVs that are used for the same purpose.

But what about a plush people mover? There are very few of these available in Australia and they don’t sell in huge numbers. But Lexus believes there is a market for such a model and it has just launched the big and bold LM. The hybrid-only range is a unique proposition and the LM should hold appeal for limo and tourism operators, and larger cashed-up families

This initial launch drive was a slightly different format to usual. Given the intended use of the lounge-like model, Lexus arranged for us to be collected in the LM by a chauffeur and ferried from Melbourne to the Mornington Peninsula. From there we got behind the wheel for a brief drive, but many of my impressions will focus on the passenger cabin experience.

Note too that the LM500h does not land until early 2024, so we only sampled the LM350h AWD.

So jump aboard and let’s see if this Lexus can do everything the LS can do - and maybe even a little bit more.

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Deep dive comparison

2026 BYD Atto 1 2024 Lexus Lm350H

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