Lexus’ first electric vehicle, the RZ 450e, starts at under $60,000

Image: Lexus

Toyota has been criticized for being slow to release its first dedicated electric vehicle, but one could argue that the delay has given the world’s largest automaker ample time to survey the competition as it sets its own plans into motion. Today, the company’s luxury brand Lexus announced pricing details for its first EV, the RZ 450e, and as you can see, it’s a lot less than most other luxury EVs currently out there.

The RZ 450e comes in two trim levels: Premium and Luxury. The Premium version with all-wheel drive and 18-inch wheels starts at $59,650, including delivery charges, while the 20-inch variant starts at $60,890. The Luxury trim with AWD starts at $65,150.

That’s significantly less than a lot of the competition, like the BMW…

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