Toyota has been ramping up its presence in the electric crossover SUV market in Europe with a series of new models, including the FT-Me micromobility concept, the Urban Cruiser, and the first-ever C-HR+. Meanwhile, Lexus is keeping pace with the introduction of the refreshed RZ, which will soon join the lineup alongside the facelifted Toyota bZ4X.
Among these developments, the FT-Me presents a unique solution for young drivers as young as 14 or for individuals using wheelchairs, while the Urban Cruiser and C-HR+ offer more affordable options for those who may not be looking for the upgraded bZ4X. As for the Lexus RZ, it has evolved into a premium electric crossover, now boasting a larger 77-kWh battery compared to the Toyota bZ4X’s new 57.7-kWh and 73.1-kWh battery options. Additionally, Lexus has introduced the RZ 550e F Sport, which delivers 402 horsepower—more than the 338-hp Toyota counterpart.
To compete in the U.S. market, Toyota and Lexus may need a larger three-row EV, and speculation suggests they already have one in the works. Enter the rumored Lexus TZ, which is expected to be the electric alternative to the Lexus TX. Digital car artist Theottle has envisioned what this model could look like, using the 2021 Lexus Electrified SUV concept as inspiration.
Much like the Toyota Grand Highlander and Lexus TX, the Lexus TZ is likely to share its platform and key components with the Toyota bZ5X. However, it would receive unique styling to maintain its Lexus identity. If recent rumors hold true, the 2026 or 2027 Lexus TZ could follow in the footsteps of the refreshed RZ, with potential models like the TZ 500e, TZ 550e, and a high-performance TZ 600e F Sport variant.
The Lexus TZ and Toyota bZ5X will enter a competitive segment, going up against established models like the Kia EV9 and its high-performance EV9 GT, as well as the rumored seven-seat Tesla Model Y. Pricing for the Lexus TZ is expected to start around $60,000, with higher trims and additional features pushing the cost beyond $70,000.
Will Toyota and Lexus bring these new three-row EVs to market soon, or will they take a more cautious approach before expanding their electric vehicle lineup? With growing competition, the battle for dominance in the seven- and eight-seat EV SUV segment is just beginning.