What's the difference?
When the Lexus RZ launched in Australia just over two years ago CarsGuide questioned the Japanese luxury brand’s relatively late arrival to the EV party.
And since then, this large, premium, battery-electric, five-seat SUV has proved something of a niche player with less than 100 sold in 2024 and a similar number in prospect for 2025.
But there’s been movement at the RZ station. This comprehensively updated model features a revised powertrain, retuned suspension, tweaked AWD system and the availability of things like steer-by-wire and a tricky manual mode in the auto transmission.
And yes, Lexus claims it’s more refined than its already smooth and near-silent predecessor.
Scheduled to hit local showrooms in the first half of 2026, we were invited to take a first drive at its global launch. So, read on to see if this could be your next electrically propelled, performance luxury, family favourite.
The 2024 Peugeot e-2008 is the French brand's first electric car in Australia. It sits somewhat awkwardly in the semi-premium end of the scale for a small SUV and has some strong competition from the EV side, too, with the Hyundai Kona Electric and Kia Niro EV being its direct competitors.
With more affordable options out there, does this little SUV have the goods to back up its sweet looks? I've been driving it for the last week with my family of three to find out for you!
Smooth, quiet, quality sums up this new and improved Lexus RZ. But will tricky new tech like steer-by-wire and a manual mode in the F Sport's auto transmission be enough to sway more premium electric SUV buyers its way? Fold in this car’s value proposition as well as the brand’s spectacular ownership package and it just might be.
Note: CarsGuide attended this event as a guest of the manufacturer, with travel, accommodation and meals provided.
The Peugeot e-2008 GT looks stylish but it’s definitely a compact SUV and that means it will only suit a small family. Or even a grandparent who has to occasionally ferry the grandkids around.
I like how easy it is to park and its stylish packaging but the cabin feels small. The practicality just wasn’t there for my family this week and the price point isn’t quite right for the features you get.
My son liked its looks but didn’t get excited about it.
Not a tremendous amount of change in terms of exterior design for this update with the brand’s signature angular treatment retained including a prominent snub nose and 20-inch rims on both variants of the car.
The top-spec F Sport picks up extra aero-focused elements, particularly around the lower bumper at the front, as well as aero covers on the wheels and at the back a spoiler on the tailgate as well as a faux diffuser at the bottom of the lower bumper.
Not much has changed inside either except for a steering wheel-shaped elephant in the room in the form of a yoke that goes with the steer-by-wire function on the 550e F Sport. A significant, eyebrow-raising departure.
However, the curved instrument binnacle, central 14-inch multimedia screen as well as the design of the centre console remain unchanged.
Having said that, there are new ‘laser-patterned’ designs in the door card trims and dynamic lighting graphics in the doors, as well.
The functionality of the touch-dimmable panoramic roof has also been improved and it works beautifully.
The e-2008 looks super cute! I love the intense 'Vertigo Blue' paintwork on our test model. It makes it pop.
In fact, all the paintwork colour options look bright and happy and that describes the styling of this car.
The e-2008 has stacks of personality and sports Peugeot’s signature three-claw LED lights at the rear but the daytime-running lights almost look fang-like, which gives it an edgy look.
The GT comes with a contrasting black roof, the same shade applied to the mirrors and 18-inch alloy wheels, which further enhances its street-cred.
The cabin is gorgeous with the premium-look trims and contrasting green stitching.
The dashboard features sharp cutaways and shiny chrome accents but it's the 10-inch multimedia system and 12.3-inch 3D digital instrument panel which give the cabin a 'wow' factor.
Its a good-looking little SUV inside and out.
At a fraction over 4.8m long, close to 1.9m wide and a bit more than 1.6m tall, with a 2850mm wheelbase, the ZR is a sizeable machine.
There’s plenty of breathing space in the front and in terms of practicality the first thing that jumps out, or rather it doesn’t, is the lack of a conventional glove box.
But there is a large box between the front seats to take its place, with the lid (which doubles as a centre armrest) performing the Lexus party trick of being able to open towards the driver or passenger.
There are two cupholders in the centre console with a wireless charging pad ahead of them, plus decent bins in the doors for bottles and other bits and pieces. An additional tray sits under the main, flying buttress-style upper console.
For power and connectivity, there are USB-C sockets for charging and media as well as a 12-volt socket in the lower console section.
Getting into the back is easy thanks to wide-opening doors and a large entry aperture and seated behind the driver’s seat set for my 183cm position I’ve got hectares of leg- and headroom. Shoulder room is best for two full-size adults rather than three, which would be a short-journey squeeze. Three up to mid-teenage kids will be fine.
In terms of storage there are pockets on the front seatbacks, bins able to hold a large bottle in the doors and two cupholders in the fold-down centre armrest. Individual ventilation control for rear seat passengers is always welcome.
Then for power, there are two USB-C outlets and a ‘house-power’ socket underneath them. The 550e F Sport also includes heating controls for the two outer rear positions.
Lower rear axle packaging enhances boot space with a generous 522 litres on offer, expanding to 1451L with the 60/40 split-folding second row lowered. Tie-down anchors and bag hooks are a thoughtful touch and there are handy storage boxes under the flat floor, ideal for charging cables.
The standard power tailgate is nice, while a repair-inflator kit instead of a proper spare isn’t. Braked trailer towing capacity is a handy 1.5 tonnes.
The e-2008 looks great but what about the practicality? Well, let’s just say the front row benefits the most in terms of everything – space, comfort and features. If you’re a super tall family, this might not be the car for you.
I felt perfectly happy when it was just my son and me but as soon as my husband jumped in, it started to feel a bit claustrophobic in the cabin.
There are a few reasons why, though. You knock elbows with your front passenger, if you have a cup in one of the centre console cupholders it gets in the way of the transmission shifter and you knock your feet on the too-high door aperture. I felt clumsy getting in and out of this car.
That said, the seats are comfortable and you could easily do a longer trip in them. It's curious that the front passenger seat and the sunblind for the panoramic sunroof adjust manually. But all in all, I was happy with the comfort in the front.
Individual storage is decent up front for this class with a middle console, glove box, two drink bottle holders in each door plus two cupholders. There is also a large hidden storage cubby above the phone tray that I was able to pop all my loose items away in.
Individual storage is basic in the back seat with the only options being a couple of netted map pockets plus shallow storage bins in each door.
Generally speaking, space is lean in the second row. I’m 168cm (5'6") and sitting behind my driving position, my knees touch the back of the seat.
My videographer and I had a laugh when we were filming the video review for the e-2008 because it was so awkward for him (at 183cm / 6'0") to get comfortable in the back seat! I thus dub it only fit for kids on longer journeys.
The two digital screens look great and the 3D-effect instrument panel is a cool highlight but the multimedia system doesn’t seem to have a lot of accessible information or customisations available.
The screen responds quickly but sometimes the built-in satellite navigation is slow to load. However, I like how easy it is to connect to the wired Apple CarPlay plus it has wired Android Auto for those users.
Charging options are good with each row enjoying two USB-A ports and the front getting a single 12-volt socket. Disappointing that there are no other amenities in the back row, though.
The highlight of the car for me is the boot. It's a good size at 434L and I like the level load space. You have underfloor storage for cables and such but the compromise for getting all of this space is that you only get a tyre puncture repair kit. There’s also no frunk storage in this model.
I missed a powered tailgate because the boot lid is quite heavy to close but otherwise, the boot suited my little family’s needs just fine.
Lexus says final price and specification for the new RZ will be confirmed closer to its local arrival in the first part of next year. But as a guide, the current entry-level RZ450e in Luxury spec costs around $120,000 before on-road costs. Go for the full-fat Sports Luxury and you can add $10,000 for a $130K MSRP.
Let’s take an educated guess and add a not outrageous five per cent price increase for this update which would bump the new RZ500e (to be offered in Luxury and Sports Luxury grades) past a $125K entry point and move the new RZ550e F Sport flagship close to $140K.
If that was the case, rivals will include the Audi Q8 e-tron (from $153,984), BMW iX (from $136,900), Genesis GV70 Electrified Signature ($125,858) and Polestar 3 (from $118,420).
Worth noting you could buy two examples of the Tesla Model Y Dual motor Long Range ($68,900) for the same money.
In this part of the market it’s fair to expect a healthy list of included features and the RZ doesn’t disappoint.
Aside from the performance and safety tech we’ll get to shortly, standard specification highlights include a 14-inch multimedia touchscreen, a digital instrument display, a dimmable panoramic roof, 14-colour ambient cabin lighting, 20-inch alloy rims, LED headlights, cornering lights and a 360-degree camera system.
There’s also synthetic leather trim (synthetic suede on F Sport), built-in nav, power-adjustable heated front seats, multi-zone climate control and more. Not bad.
There is only one model available for the e-2008 and that’s the GT. Which will cost you $59,990, before any on-road costs, which places it right in the middle of its nearest rivals. Let’s look at some of the features you get for the price.
The interior gets most of the big-ticket items with synthetic leather and synthetic suede trims, a panoramic sunroof, a 12.3-inch 3D hologram-style digital instrument panel and 10-inch touchscreen multimedia system.
For comfort items, the driver’s seat is electric with adjustable lumbar support and a massage setting (although the ‘massage’ is very gentle). The front passenger’s seat is manually adjustable but both front seats feature a heat function.
Other standard features include items like dual-zone climate control, wired Apple CarPlay and Android Auto, Bluetooth connectivity, five seats (2-3 configuration), 18-inch alloy wheels, a built-in satellite navigation system and adjustable ambient lighting with up to eight colour choices.
Both versions of the new RZ are powered by dual permanent magnet synchronous motors, one in the front, one at the back, each producing 167kW and 269Nm.
Total output is 280kW for the 500e (up from 230kW in the 450e), with a little more juice released from the motor combination for the 550e at 300kW.
A single-speed transmission sends drive to both axles and the RZ550e F Sport features ‘Interactive Manual Drive’ designed to give the sensation of manual gear shifts in a BEV. More on that in the Driving section.
The e-2008 GT has a fully electric powertrain and a lithium-ion battery that has a 50kWh capacity. The battery is located underneath the rear seats.
The electric motor delivers a maximum power output of 100kW and 260Nm of torque. It's official 0-100km/h sprint time is nine seconds.
So, it's not the punchiest EV on the market but it has enough power to tackle the open-road, if need be.
The RZ500e and 550e are fitted with a 77kWh lithium-ion battery delivering a claimed (WLTP) range of 450 and 456km, respectively.
Claimed 10-80 per cent charge time, using its full 150kW DC fast-charge capacity, is 30 minutes or a handy three and half hours at maximum 22kW AC capacity.
Energy consumption on the combined (urban/extra-urban) cycle is 18.2kWh/100km (WLTP) for the RZ500e and 18.4 for the 550e.
Over several hundred kilometres of B-road and freeway running as well as pottering through slow-speed villages on the launch we saw an average of 19.3kWh/100km in the 500e and 20.1 in the 550e F Sport, which is pretty handy.
And the (very) good news is two AC charging cables, installation of a home charger and three years’ complimentary charging across the Chargefox network is included. Nice!
The e-2008 has a driving range of up to 328km (WTLP) and a Type 2 CCS charging port – which means you can hook it up to a fast charger.
The battery capacity means it can also accept a 50kW fast charger’s speed and will go from 0-80 per cent in as little as 30 minutes, which is very handy.
Peugeot's official energy consumption figure for the e-2008 is 14.5 kWh/100km and I saw my average flit between 17.3kWh to 19.5kWh on my travels after doing mostly urban driving this week.
I will admit to feeling some range anxiety because of the lower driving range available.
It’s a hefty machine at 2.1 tonnes, but Lexus says the RZ550e F Sport will accelerate from 0-100km/h in 4.4 seconds, with the 500e only marginally slower at 4.6sec.
In straight-line acceleration Lexus says front to rear power distribution varies between 60:40 to 100 per cent rear to suppress pitching and “produce a more direct acceleration feel”.
And the RZ is indeed quick. Apply your right foot at just about any speed and the car rockets ahead with satisfying enthusiasm.
The F Sport’s ‘manual’ mode allows you to shift through eight virtual ‘ratios’. Press the ‘M’ button on the console and bingo, you have slim steering wheel-mounted paddles to control them.
At anything above a light accelerator application you’ll feel a jolt on upshifts, but it’s rather unpleasant. Sure, you want some sense of a gear change, but you feel it in your core. Check out the video review to see how much it can shake you around.
A synthetic soundtrack Lexus refers to as the “BEV Sound”, vaguely echoing an internal combustion engine, is fed through the F- Sport’s audio system and it feels thin and brittle to our ears. Again, check out the audio sample in our video review to see if you agree.
You’ll hear the ‘revs’ rising on up and downshifts but there’s no physical accompaniment with the latter as far as we could sense.
Suspension is strut front with double wishbones at the rear and it’s been given a thorough revision in terms of dampers, springs and bushings in both the 500e and 550e F Sport, with the latter copping some additional fine-tuning in each of those areas.
We sampled 500e and 550e F Sport versions of the RZ on the launch drive in Southern Portugal, covering mostly Aussie-compliant roads with lots of bumps and ruts to deal with. And despite its hefty kerb weight the car copes with these imperfections well.
There’s also been some extra attention paid to body rigidity in this updated RZ, specifically reinforcement of upper sections of the nose and around the boot to keep the car more torsionally stiff.
In cornering the drive distribution ratio is between 80:20 front to rear to RWD-only, according to vehicle speed and steering angle, and the car feels composed and predictable.
The F Sport features the steer-by-wire system, using a yoke rather than a conventional steering wheel and the ratio is such that all you have to do is turn the wheel slightly to generate a response.
It’s smooth and progressive but quick at the same time. You soon become used to it.
While it's unusual to see a small yoke in your hands rather than a steering wheel, it means you have an uninterrupted view through to the instruments, which is a nice side benefit.
However, much like the Infiniti Q50’s system before it, there is no mechanical link between the driver’s hands and front wheels. Steering inputs are relayed by electric signals from a torque actuator to a control actuator.
So, while Lexus says “important feedback filters through without the unpleasant vibration effects of a mechanical connection”, and that’s true, by definition there is no road feel and the wheel feels numb from that point-of-view. Worth noting the mechanically steered 500e feels much the same.
Tyres are Dunlop SP Sport Maxx (235/50 fr - 255/45 rr) which grip hard and remain relatively comfy despite their short sidewall running on 20-inch rims.
One price you pay for the steer-by-wire system’s set-up is a substantial turning circle, so be ready for that.
Braking is by ventilated discs all around, which work nicely, and when you’re not using the manual mode in F Sport the steering wheel paddles allow movement through four levels of regenerative braking.
The most aggressive setting will slow you quite markedly but not to the level of ‘single-pedal’ operation.
Additional sound insulation includes an under-seat rear floor silencer, soundproofing in the door trims as well liberal use of damping sheets, foam, silencer pads, insulators and extra seals. And the car is super-quiet, even for an EV.
In terms of miscellaneous observations, the front seats on both versions remained comfortable and supportive over long stints behind the wheel (and yoke!).
Slow speed manoeuvring is assisted by a 360-degree overhead camera view with a translucent trace of the car in the centre, as well as a high-quality reversing camera. Vision across the car and through to the back is good, anyway, but the extra tech helps in the slow speed stuff.
There’s also a sensible mix of physical dials and on-screen controls and the touchscreen menus are easy to use. Especially handy when you’re racing to the function that turns off the intensely annoying over-speed warning.
Besides the range anxiety, the e-2008 drives well. The power is a bit lacklustre compared to other EV models out at the moment but there is still plenty to access when you need it. I felt confident whenever I had to tackle the open-road or overtake.
The ride comfort is good with the suspension cushioning most bumps. The road noise can creep up a bit, especially at higher speeds but the e-2008 is otherwise fairly quiet around town.
I like the concise steering. It makes the e-2008 super fun to drive in the city! When you hit corners or wind at higher speeds, it can feel a bit light footed, though.
It sits low at 1550mm in overall height and that can mean that sometimes the visibility isn’t great if you pull up to a roundabout or traffic lights with a big SUV beside you. Otherwise, the windows are nice and wide and provide decent visibility.
The e-2008 is a good size to fit into small car spots in the city but the 180-degree rear-view camera isn’t as clear as I’d like. It’s still serviceable and I like the back up provided by front and rear parking sensors. It takes out some of the guesswork!
The RZ received a maximum five-star ANCAP assessment in 2022 scoring 80 per cent-plus results in all areas.
As you’d expect, a full suite of driver-assistance tech is onboard including auto emergency braking (AEB) with car-to-car junction, crossing and head-on functionality as well as pedestrian and cyclist detection, adaptive cruise, lane keeping assist, lane-departure warning, blind-spot monitoring, rear cross-traffic alert, driver fatigue monitoring, tyre pressure monitoring and more.
The airbag count runs to nine, including side curtains, knee bags for the driver and front passenger as well as a front centre airbag. There’s also multi-collision brake to minimise the chances of subsequent impacts after an initial crash and an auto emergency call function.
There are three top tethers for child restraints across the second row with ISOFIX anchors in the two outer positions. That’s a comprehensive safety package.
The e-2008 has a solid list of safety features and I like the adaptive cruise control's stop and go function.
Other standard safety features, include blind-spot monitoring, daytime-running lights, forward collision warning, rear cross-traffic alert, lane keeping aid, lane departure warning, intelligent seatbelt reminders, traffic sign recognition, 180-degree view camera system, as well as front and rear parking sensors.
The rear seat also features ISOFIX child seat mounts on the outboard positions and three top tether anchor points but two seats will fit best. Front passenger comfort will be compromised when a 0-4 rearward facing child seat is installed.
The e-2008 doesn’t have an ANCAP rating but its fuel-based siblings achieved a maximum five-star assessment in 2019.
Surprising that it only has six airbags, which is low for a family car, but the curtain airbags do cover the back row.
The RZ is covered by Lexus Australia’s five-year/unlimited km warranty and there’s an eight-year/160,000km warranty on the drive battery, which is in line with the RZ’s key competitors.
Recommended maintenance interval is 12 months/15,000km, which is relatively brief for an EV.
Capped-price servicing is yet to be confirmed, but for reference the outgoing 450e runs to $395 for each workshop visit up to a maximum of five years/75,000km. That’s sharp pricing in this part of the market.
The RZ also qualifies its owner for ‘Platinum Electrified’ benefits under the ‘Lexus Encore’ ownership program. That means everything from access to “exclusive offers and events” to a complimentary service loan car, five years’ roadside assistance, valet parking at selected locations, airport lounge access and (heaps) more, including the charging benefits mentioned earlier. Hard to argue with that.
The e-2008 comes with a five-year/unlimited km warranty, as well as an eight-year/160,000km warranty on the battery.
Servicing intervals are every 12 months, but it is normal to see EV servicing at around 24 months.
You can pre-purchase either a three- or five-year servicing plan, which are both cheaper than the pay-as-you-go option.
On the five-year plan, services average $200, which is good for the class.