Lexus is already updating its first all-electric model. The 2024 Lexus RZ lineup is gaining a new RZ 300e model with more range and a cheaper starting price.
Last April, the luxury brand unveiled its first electric vehicle, the 2023 RZ 450e. The EV is the start of its “transition to a BEV-centered brand.”
Lexus’ first EV began rolling out earlier this year, with over 2,500 models sold through September. Powered by a 71.4 kWh battery, the 2023 Lexus RZ offers up to 220 miles range.
For the 2024 lineup, the brand is making it easier than ever to own a Lexus EV. Lexus is adding a longer-range RZ 300e model that’s $4,500 cheaper than last year’s model.
The 2024 Lexus RZ 300e achieves up to 266 miles EPA estimated range (18″ wheels) with a 72.8 kWh CATL battery. With 20″ wheels, the model has 224 miles range. Offered in FWD, the new model features 201 hp.
Lexus replaced the rear eAxle with a subframe adopted for the FWD system to minimize noise and vibration.
2024 Lexus RZ electric vehicle prices
The 2024 RZ 450e is based on Toyota’s e-TNGA platform, used for the bZ4X. Although it uses the same platform, you can see Lexus’ unique design both inside and outside.
Lexus replaced its signature spindle grille with a new spindle body, adding to its aerodynamics. The grille uses a shutter to improve efficiency. When cooling is not needed, the shutter closes to reduce air resistance.
The interior is based on a minimalist concept of Tazuna. It features a driver-focused interior inspired by the “communicative relationship between horse and rider.”
You will find a standard 14″ touchscreen, Apple CarPlay and Android Auto compatibility, an available head-up display, and enough cargo space for three golf bags.
The new Lexus 2024 Lexus RZ 300e Premium will start at $55,150 (including delivery). That’s $4,500 cheaper than last year’s model. The Luxury version will start at $60,880.
The 450e Premium AWD starts at $59,850, or $200 more than last year’s model. Meanwhile, the Luxury AWD version will run you $65,580, or $430 more than the 2023 model.
The RZ is offered in two trims: Premium or Luxury. The RZ Premium includes 18″ wheels with a dark gray metallic finish. The Luxury version has 20″ wheels and a black and machined finish.
2024 Lexus RZ trim
MSRP (*including $1,150 delivery fee)
RZ 450e Premium AWD w/ 18″ Wheel
$59,850
RZ 450e Premium AWD w/ 20″ Wheel
$61,090
RZ 450e Luxury AWD
$65,580
RZ 300e Premium FWD w/ 18″ Wheel
$55,150
RZ 300e Premium FWD w/ 20″ Wheel
$56,390
RZ 300e Luxury FWD
$60,880
2024 Lexus RZ prices
Lexus added the Copper Crest exterior color for the 2024 models for an additional $595 fee. Other colors include Caviar, Iridium, Cloudburst Gray, Eminent White Pearl, and Ether for an extra $500. You can also get Copper Crest as a bi-tone paint ($1,295) alongside Ether ($1,200) and Cloudburst Gray ($1,200).
Available interior colors include Thunderstorm and Macadamia, Palomino, and Dapple Gray. You can also opt for the available ambient lighting (standard on Luxury) for a choice of 50 colors and 14 themes.
Have you been eyeing the new Lexus electric SUV? We can help you score deals near you today. Check out our link to find great deals on the Lexus RZ at a dealer near you.
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Fancy German-made mid-drives are often considered the premier option for electric bikes, offering higher precision engineering and an overall more sophisticated experience. But they’ve also been quite pricey, at least until Ride1Up began running an incredible sale on its normally $2,195 Prodigy XC electric mountain bike, marked down to just $1,295.
I reviewed the urban version of this bike back when it was at full price, and it was a great buy even at its MSRP. But now with this killer Black Friday price, this is a deal that is unlikely to ever be seen again.
The Class 3 electric bicycle can hit speeds of up to 28 mph (45 km/h), and comes with all the benefits of that nice Brose TF Sprinter mid-drive motor. That means you get the smooth and refined torque sensor-based pedal assist, the color screen, and the higher-end ride quality.
Other nice components found on the bike include the Maxxis Forekaster off-road tires, the Tektro quad-piston hydraulic disc brakes, and the 120mm-travel air suspension fork.
At this price, Ride1Up is almost certainly selling the bike at below cost, meaning you’re getting it for less than it costs the company to build these highly-acclaimed e-bikes.
Why would they do that? Because this is the previous generation of the bike, which was eclipsed by the second-generation Prodigy V2. But hey, if this bike was good enough when it came out a year before the V2 (and it was), then it still a great bike today. For those who don’t need the nicest and newest version of a piece of tech, this is an incredible steal of a deal.
Ride1Up is all but certain to be moving these Prodigy XCs at such a low price to clear up shelf space in their warehouse, so when these are gone, they’re gone for good. And this isn’t only a Black Friday price – the company has been moving these bikes for several months at this crazy sale price. That further underscores that this is a clear-out-the-previous-version sale that will be gone for good when the bikes are gone.
At this price, there’s simply no other German-made mid-drive e-bike out there with the bang-for-buck offered by the $1,295 Prodigy XC right now, that’s for sure.
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Higher fuel prices could be in the cards if President-elect Donald Trump follows through with his tariff threats on Canada, according to industry experts, who are skeptical on whether the new levies will ever be implemented.
Trump on Monday pledged to implement additional tariffs on China, Canada and Mexico on day one of his presidency, according to his posts on social media platform Truth Social. He said he would sign an executive order on Jan. 20 imposing a 25% tariff on all imports from Canada and Mexico, a move that may breach the terms of a regional free trade agreement.
Goldman Sachs’ Co-Head of Global Commodities Research Daan Struyven said that if a 25% levy hit Canadian crude exports to the U.S. “that could, in theory, lead to some pretty significant consequences for three groups.”
U.S. refiners who rely on Canadian oil barrels could face lower profit margins, and consumers may potentially face higher prices, surmised Struyven. Lastly, Canadian producers may suffer revenue losses if they are unable to reroute their barrels that would have otherwise gone to the U.S.
America’s imports of Canadian crude oil hit a record of 4.3 million barrels per day in July 2024 after the expansion of Canada’s Trans Mountain pipeline, according to the most recent data from the U.S. Energy Information Administration.
If we were to see a 25% tariff on Canadian energy exports, I think it could have some very significant ramifications for trade flows.
Daan Struyven
Goldman Sachs
Additionally, refiners in the Midwest, which are more adapted to process Canada’s heavy sour crude rather than the low sulfur sweet crude produced domestically, could also have problems switching should the Canadian imports be interrupted, Struyven told journalists at an online conference.
“If we were to see a 25% tariff on Canadian energy exports, I think it could have some very significant ramifications for trade flows,” Struyven said.
Mexico and especially Canada have “notable tightly integrated linkages” with the U.S. when it comes to the oil, natural gas and auto industries, Citigroup wrote in a note following Trump’s announcements this week.
“Absent carve-outs, this would increase costs for U.S. refiners and U.S. consumers,” said the bank’s research team led by Energy Strategist Eric Lee.
However, Goldman highlighted that it is unlikely that the tariffs will be implemented as announced, on the premise that the Trump administration is focused on reducing energy costs.
Trump cannot allow inflation to get out of control in the 15 months before the midterm election season, Viktor Shvets, global strategist at Macquarie Capital, told CNBC. Shvets believes that tariffs are used as a negotiating tool to achieve certain objectives such as strengthening the border.
“I do not believe for a second that there will be a massive increase in overall tariffs because that will represent a tax on U.S. domestic manufacturers. That will also represent a tax on U.S. exporters,” said Shvets.
Canada’s trade bodies have shared their concerns, too.
Danielle Smith, the premier of Alberta which accounts for the largest production of crude in Canada, said that the Trump administration has “valid concerns related to illegal activities at our shared border,” and urged the federal government to resolve said issues immediately to avoid any “unnecessary tariffs” on Canadian exports.
On today’s fact-checking episode of Quick Charge, we’ve got a showdown brewing between California Governor Gavin Newsom and Tesla CEO Elon Musk, an updated 650 hp Kia EV6 GT that’s ready to take on the world, and some sweet deals on battery-powered goodies.
We’ve also got new electric buses at UCLA that are powered by inductive current in the road itself, and a massive new solar project on a site more famous for coal than clean. All this and a little bit of fact-checking on some fresh musky nonsense – enjoy!
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