The 2026 Lexus ES Will Launch With Battery-Electric or Hybrid Power, Starting at Around $50,000

The new ES hybrid will for the first time be joined by an EV variant, and the costs are pretty much identical.

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The all-new Lexus ES is coming, and it brings a bit of a surprise along with it. No, we’re not talking about the new all-electric version that launches for the first time, but the fact the electric ES will be nearly the same price as the hybrid. Hovering around the $50,000 mark, the Lexus luxury sedan shows that price parity between the two types of powertrains is possible without the car being an SUV.

2025 was the last year you could buy a purely internal combustion engine version of the Lexus ES. Starting from 2026 onward, the ES will come as a hybrid or a pure battery electric vehicle (BEV, or just plain EV). Usually in the auto industry, a purely electric car carries a much higher price point, but Lexus found a way to bring some parity to the party, and then some. The base prices of both ES versions hover around $50,000, with the ES 350e Premium (the single-motor all-electric version) starting at a cheaper $48,795, while the ES 350h Premium (the FWD hybrid) adds $2,200 to that figure.

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Both ES versions will share nearly identical dimensions. This includes the 116.1-inch wheelbase, but the weight differences are significant with the ES hybrid FWD base starting at 4,012 pounds versus the 4,640-pound base weight of the single-motor EV.

The 2026 Lexus ES 350e is limited to a 307-mile range with its single-motor front-wheel-drive layout and 74.7-kWh battery pack. The dual-motor ES 500e will come with a much shorter 292-mile range due to retaining the same battery pack size while driving the additional rear motor. Meanwhile, its direct BMW EV midsize sedan competitor, the 2027 i3 sedan, will have an estimated range of 440 miles.

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There is good news as the ES EV will use the NACS charging port and also include a J1772-CCS adapter, and finding a Tesla Supercharger or DC fast charger shouldn’t be an issue. But in the Toyota way, the ES will be hamstrung with a 150-kW DC charging rate. That will mean 10–80 percent recharges will take 28 minutes at best. Comparing that to the 2027 BMW i3, that is a huge disadvantage as the BMW EV will be able to hit up to 400-kW during its DC charging.

The hybrid ES will also come as FWD or all-wheel drive, but it will of course add a fuel tank to power its 2.5-liter I-4 combustion engine. It will also use a significantly smaller battery pack that is located under the rear seat. But just like the EV, there won’t be a driveshaft running the rear wheels as that task is accomplished by an electric motor. It’s the same hybrid platform the Toyota Camry utilizes, and this also means it isn’t a plug-in hybrid system. Battery charging will only be done with the engine running and will limit the ES hybrid’s EV mode to neighborhood speeds and distances.

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Bad news for gas lovers is that there won’t be an ES 500h hybrid. The highest-performing version of the ES will be all-electric. This also means a lazy 7.2 seconds is the quickest the AWD hybrid will be able to launch to 60 mph; the ES 500e will hit 60 in 5.4.

2026 Lexus ES300h 8

Although the two powertrains will share the same vehicle, the 2026 Lexus ES will launch with the all-electric versions arriving first on dealer lots in April. The hybrid versions will get there later in 2026.

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2026 Lexus ES Pricing

Model Name

MSRP

ES 350e Premium

$48,795

ES 500e Premium AWD

$51,795

ES 350e Luxury

$57,195

ES 500e Luxury AWD

$60,195

ES 350h Premium

$50,995

ES 350h Premium AWD

$52,395

ES 350h Premium+

$55,795

ES 350h Premium+ AWD

$57,195

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Having experience in many forms of the automotive industry, Justin Banner has done more than just write about cars. For more than 15 years, he's had experience working as an automotive service technician—including a stint as a Virginia State Inspector—service advisor, parts sales, and aftermarket parts technical advisor (a fancy way of saying he helped you on the phone when you had trouble fitting your brakes over your aftermarket wheels and the like). Prior to his tenure as a full-time editor, Justin worked as a freelance writer and photographer for various publications and as an automotive content creator on YouTube. He’s also covered multiple forms of motorsports ranging from Formula Drift, drag racing, and time attack, to NASCAR, short course off-roading, and open desert racing. He's best known for breaking down complex technical concepts so a layperson can more easily understand why technologies, repairs, and parts should matter to them. At MotorTrend, Justin is part of the news team covering breaking news and topics while also working as a judge for MotorTrend Of the Year events and other major comparison tests.

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