2023 Lexus RZ

Lexus has added a RZ300e model to its Japanese range, which serves up less power, but weighs less and has a lower price.

ANCAP has announced its first vehicle assessed under its tougher new testing criteria, with the Lexus RZ earning five stars.

Pricing across the Lexus range has been adjusted, headlined by a $19,704 increase to the LC – while the LS, RZ, RX and LX all received price drops.

The first Lexus EV built on a dedicated platform will hit Australia before the middle of 2023. Pricing and supply are still to be revealed.

Lexus exhibited sporty and off-road versions of its RZ, RX, and LX at this year's Tokyo Auto Salon and Tokyo Outdoor Show.

Ahead of its full launch next year, the exterior of the Lexus RZ electric crossover was unveiled overnight at a massive Toyota event.