Porsche Macan Electric
Launched
RM430,000–RM635,000
Overview
The Lexus RZ is a fully electric compact executive SUV sold in Malaysia as the RZ450e. It suits buyers after a five-seat premium EV SUV with Lexus badging, AWD and a quoted 440 km range, rather than a lower-priced mainstream electric SUV. The single Malaysian variant is priced from RM429,888.
RZ in 2026 — what's new
For 2026, the Malaysian RZ line-up carries on unchanged from the 2024-launched RZ450e. The latest RZ updates sit outside that local range: the 2025 RZ added a 550e F Sport, steer-by-wire, simulated manual shifts and up to 575 km of EV range, while the RZ600e F Sport Performance brings 426 PS, a 20 mm lower set-up and 20-inch brakes. In Malaysia, the current range remains the RZ450e only.
Variant (1)
RM429,888 · est. from RM4,390/mo
Key specs
- Motor Horsepower
- 308 hp
- Motor Torque
- 435 Nm
- Battery Capacity
- 71.4 kWh
- EV Range
- 440 km
- 0-100 km/h
- 5.3 seconds
- Transmission
- Single Ratio Automatic
- Driveline
- All Wheel Drive
- Seats
- 5
- Boot Space
- 522 litres
- Airbags
- Driver and Passenger, Front Side, Front and Rear Curtain, Driver's Knee
Colours
across the range — availability varies by variant
- Aether Metallic Metallic
- Graphite Black Metallic
- Sonic Chrome Metallic
- Sonic Copper Metallic
- Sonic Iridium Metallic
- Sonic Quartz Solid
Verdict
The RZ is an easy car to understand and a harder one to justify purely by price. It costs more than the BMW iX from RM425,800, sits just under the Porsche Macan Electric from RM430,000, and below the Volvo EX90 from RM442,888. It gets AWD, a 71.4 kWh battery and a 440 km range; its weakness is simple: many electric SUVs cost far less.
Used cars for sale
Buying a new RZ? Sell your old car, get paid in 24 hours
Lexus RZ sales in Malaysia
24 registered so far in 2026 — Malaysia's #198 best-selling model this year.
Full RZ sales data, month by month →Lexus RZ resale value
What a used RZ holds of its price, by registration year: the trade-guide value insurers and dealers reference, and the price the market typically asks.
| Year | Trade guide | Typical asking | Holds |
|---|---|---|---|
| 2026 | RM429,900 | — | 100% |
| 2025 | RM342,900 | — | 80% |
| 2024 | RM288,000 | — | 67% |
Trade-guide and market listing data, West Malaysia. Actual prices vary with condition, mileage and variant; "holds" compares against that year's new price.
Rivals to consider
same class, similar money
Lexus RZ FAQ
How much is the Lexus RZ in Malaysia?
The Lexus RZ450e is priced at RM429,888 in Malaysia. It is the only variant in the local RZ range.
What do you get in the Lexus RZ?
The Malaysian Lexus RZ450e gets a 71.4 kWh battery, 440 km quoted range, 308 hp, a single-ratio automatic and five seats. It is an AWD electric SUV.
What is the Lexus RZ’s electric range?
The Lexus RZ450e has a quoted electric range of 440 km from its 71.4 kWh battery.
What are the Lexus RZ’s closest electric SUV rivals on price?
On price, the Lexus RZ450e sits near the BMW iX from RM425,800, Porsche Macan Electric from RM430,000 and Volvo EX90 from RM442,888.
