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Lexus launches RZ 450e, its first step towards an electric future

Credit: Lexus USA

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Lexus has launched the RZ 450e, its first fully electric vehicle and its first step towards its sales electrification plan.

Toyota and its premium brand have fallen behind traditional rivals in electrification, but they want to change that with their first electric vehicles. The Toyota BZ4X was relaunched late last year, and now, its Lexus counterpart will also be coming to the U.S. market. The Lexus RZ 450e is set to take on the likes of the Tesla Model Y, BMW iX, and Mercedes EQE SUV.

The RZ 450e combines traditional Lexus design and its newest drivetrain technology. Based on the Toyota e-TNGA platform, the electric SUV features a dual motor drivetrain producing 308 horsepower and will excitedly take you to 60mph in 5 seconds flat. However, despite the all-wheel-drive setup, much like other Lexus vehicles, it remains front-biased, with a 150k W motor in the front and a smaller 60kW motor in the rear.

Paired with this dual motor setup is a 71.4 kWh battery, which will provide 220 miles of range on standard wheels or 196 miles on the larger wheel option. Luckily, despite this lackluster range, the Lexus will still charge relatively quickly, up from 0-80 percent in 30 minutes.

Outside of the drivetrain, the RZ 450e brings much of what the premium Japanese automaker’s lineup has been known for, countless features. Most notably, while not entirely autonomously capable, Lexus fits its first-gen EV with a suite of autonomous features, such as traffic jam assist, dynamic radar cruise control, pre-collision detection, and lane tracing (tracking) assist. However, it should be noted that many of these features are only available through a subscription plan with Lexus.

Lexus is launching the RZ 450e at a starting price of $59,560, but it can be optioned up to $65,150. The company notes that the vehicle is “on sale in limited quantities” now in the U.S. but did not specify if more production will be allocated soon. The automaker wasn’t immediately available to comment to Teslarati on the number of vehicles coming to the U.S. market.

While the RZ 450e may have been relatively price competitive late last year, thanks to a series of price cuts from notable manufacturers, including Tesla and Ford, the premium Japanese automaker’s offering is substantially more expensive than vehicles like the Tesla Model Y (starting at $54,990), Ford Mustang Mach-E ($45,995), or even the Mercedes-Benz EQB ($54,500). This is to say nothing of the federal tax incentive, which Lexus sadly doesn’t qualify for due to its Japanese production location.

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As Toyota looks to enter the EV market in the United States more profoundly in the coming years, it will need to work hard to battle costs to become more price competitive with traditional competitors and new market entrants alike. Though, if the company can find sales success with its first model, it may be more inclined to dedicate more wholeheartedly in the coming years.

What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!

Will is an auto enthusiast, a gear head, and an EV enthusiast above all. From racing, to industry data, to the most advanced EV tech on earth, he now covers it at Teslarati.

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Energy

Tesla launches Powerwall Lease for affordable home backup

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Credit: Tesla

Tesla Energy has introduced the Powerwall Lease in conjunction with Tesla Electric, making the service available in Texas. This new option delivers whole-home backup power using two Powerwall units for a net monthly cost of $35 after credits, accompanied by a low fixed electricity rate.

Under the lease terms, customers pay a one-time order fee of $100. The base lease payment for the two Powerwalls is approximately $122 per month during the first year, subject to a 3 percent annual escalator thereafter. Enrollment in a qualifying Tesla Electric Backup plan or Virtual Power Plant plan provides an $87 monthly credit.

This credit lowers the effective cost to roughly $35 per month plus applicable tax.

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Installation of the standard system carries no additional charge. The package features Storm Watch for outage protection and allows complete management through a single Tesla application. The system supplies continuous whole-home backup capability.

The Powerwall system enables households to maintain electricity during severe storms that disrupt the utility grid. When outages occur, the batteries automatically provide seamless backup power to the home.

Tesla announces 100k Powerwalls are participating in Virtual Power Plants

Tesla Storm Watch monitors weather forecasts and ensures the units are fully charged ahead of anticipated severe weather events so that power remains available throughout the disruption, keeping lights, refrigeration, and other essential systems operating without interruption.

Availability is restricted to select Texas locations where retail electric choice exists. Participants must lease exactly two Powerwall units and maintain continuous enrollment with Tesla Electric. Solar panels cannot be included under this particular lease arrangement.

The monthly credit activates automatically once the system is installed, receives permission to operate, and enrollment is confirmed. To retain the credit, customers are required to stay enrolled in Tesla Electric and fulfill all program conditions.

Nonstandard installations that involve electrical upgrades or special permitting may lead to extra expenses and might impact eligibility for the credit, so be sure to check with either your installer or Tesla to ensure you will still qualify.

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Elon Musk teases Tesla Roadster unveiling once again

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tesla roadster
Credit: Tesla

Elon Musk continues to tease the unveiling event for the Tesla Roadster, a continuing trend that has grown into a bigger game of “When” for fans who have been waiting years for the car to finally enter production.

A video shared on X of the Joe Rogan Experience podcast that Musk appeared on last year, teasing the Roadster unveiling, was shared once again on the social media platform. The poster said the Roadster event will be “unforgettable.”

Musk agreed:

The timing is interesting because just yesterday, Musk said that we will be getting flying cars, and for years, Tesla has hinted that it could develop a SpaceX cold gas thruster package that would help the car float or fly for a short period of time.

It would be reasonable to assume Tesla’s major delays with this unveiling event are likely caused by the company’s need to break the rules and push the envelope on nearly everything. Last July, Lars Moravy, Tesla’s VP of Vehicle Engineering, said:

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“Roadster is definitely in development. We did talk about it last Sunday night. We are gearing up for a super cool demo. It’s going to be mind blowing. We showed Elon some cool demos last week of the tech we’ve been working on and he got a little excited.”

The latest updates that Tesla has given us are that the Roadster is in design development, and it did have several potential dates for an unveiling event this year, including April. It was then pushed to August.

However, there are no clues as to when Tesla will be ready, and fans are certainly getting frustrated with the delays.

For what it is worth, Franz von Holzhausen told Jay Leno this week that the event would be “very soon.”

We sure hope.

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Lifestyle

Tesla’s driverless Cybercab just passed a big test with State Governor

Florida’s governor rode Tesla’s Cybercab at a closed test track and called the experience impressive.

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Florida Governor Ron DeSantis rode in a Tesla Cybercab on a closed test track this week and came away impressed, posting on X that the vehicle “successfully navigated all hazards — a kid running into the street, a crash with police stopping traffic, a Model S cutting us off, etc.” He called the ride “impressive.”

The stop was part of a broader event Monday at SunTrax, a 775 acre state owned proving ground in Auburndale that Florida built specifically to test autonomous and connected vehicles before they reach public roads. Standing next to a gold Cybercab, DeSantis described the car in plain terms: “You go in there and you just sit. You have a screen. There’s no steering wheel, no pedals. Clearly these things could be very beneficial.”

DeSantis paired the praise with a caveat that has followed autonomous vehicles since the category existed. “You don’t want to be in an autonomous vehicle and it drives you into a ditch. That would not be good,” he said, framing safety validation as the gate before wider deployment.

SunTrax, the 2.25 mile oval which the state calls the only high speed autonomous vehicle test track in the Southeast, can simulate rain, pedestrian crossings, hills and crowded urban conditions at highway speeds, letting companies push a car past what an early public rollout would risk. Tesla, Waymo and Beep all use the facility, and Florida’s regulatory approach, among the most permissive for autonomous vehicles in the country, doesn’t require a human operator inside a fully autonomous car.

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Tesla has reason to want the blessing of Florida and states beyond, as the Cybercab entered volume production at Gigafactory Texas this spring and has since self certified as SAE Level 4 under Texas law. Public road testing so far has kept a safety monitor in the passenger seat, and Florida is where Tesla has been expanding its existing Model Y based Robotaxi service instead, adding Miami in July and then Orlando and Tampa two weeks later. A closed track endorsement from a sitting governor doesn’t change any of that, but it does put Tesla’s newest hardware in front of a state that has already shown it will move fast on rules.

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