Hyundai Elexio vs Lexus RZ450E

What's the difference?

VS
Hyundai Elexio
Hyundai Elexio

$58,990 - $61,990

2026 price

Lexus RZ450E
Lexus RZ450E

$61,000 - $78,900

2023 price

Summary

2026 Hyundai Elexio
2023 Lexus RZ450E
Safety Rating

Engine Type

Not Applicable, 0.0L
Fuel Type
-

Electric
Fuel Efficiency
-

0.0L/100km (combined)
Seating
0

5
Dislikes
  • Slow(ish) DC charging
  • Cabin devoid of buttons
  • Disappearing driver screen

  • Feels artificial behind the wheel
  • Could have more real-world range
  • Missing things like V2L, one-pedal drive
2026 Hyundai Elexio Summary

There's a hell of a lot riding on the shoulders of the Hyundai Elexio, which is shaping as the brand's best shot to date at taking on Made In China models like the BYD Sealion 7 and Tesla Model Y. 

While the Ioniq family sits atop the EV tree at Hyundai, the Elexio is a very different proposition. It's priced more sharply (the brand is quick to point out that it's only about $8 a week more expensive than a Sealion 7 on a novated lease), and it's the first Hyundai vehicle offered in Australia that's produced in the brand's Chinese factory through its Beijing Hyundai joint venture.

In short, it feels a lot like Hyundai is ready to take on BYD at their own game in Australia.

So, is the Elexio the pick of the Made In China bunch?

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2023 Lexus RZ450E Summary

Far from just another mid-size SUV offering, the Lexus RZ bares the burden of much of the Japanese premium brand’s future.

While Lexus has been a trailblazer in the past, offering a wide range of hybrid luxury vehicles before every other brand, it’s a little late to the party with this car; it’s first ground-up electric vehicle.

The question is, has all this extra time given Lexus the luxury of perspective, or is it too little too late for the RZ to make a meaningful impact on the mid-size luxury SUV space? Stick with us as we find out.

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Deep dive comparison

2026 Hyundai Elexio 2023 Lexus RZ450E

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