Genesis Electrified GV70 vs Lexus RZ
Two electric SUVs go head to head. Which EV is the better buy for Australian drivers in 2026?
Specifications and pricing correct at time of publishing. Prices are RRP before on-road costs unless stated otherwise. Always confirm with the manufacturer or dealer before purchasing.
Price Breakdown
The Genesis Electrified GV70 starts from $127,800 before on-road costs, while the Lexus RZ opens at $135,000. That makes the Genesis Electrified GV70 the more affordable entry point by $7,200.
Once you factor in stamp duty, registration, CTP insurance, and dealer delivery, expect to add roughly 8-12% on top of the RRP depending on your state. That puts estimated driveaway prices in the ballpark of $140,580 and $148,500 respectively.
Both models qualify for Fringe Benefit Tax (FBT) exemption, which is a significant advantage for salary-sacrificed novated leases. Depending on your tax bracket, this can save $5,000-$15,000+ per year compared to an equivalent ICE vehicle.
Over 5 years, the running costs are nearly identical since both have similar efficiency.
Safety Rundown
ANCAP safety ratings have not been published for both models yet. We will update this section when crash test results are available.
Feature Showdown
Both come with modern infotainment systems. Apple CarPlay and Android Auto are standard across both.
The Genesis Electrified GV70 stands out with wireless Apple CarPlay/Android Auto, wireless charging and ventilated seats that you will not find on the Lexus RZ. The Lexus RZ counters with Apple CarPlay, V2L and Mark Levinson audio. Which feature set matters more depends on your daily routine and priorities.
Drivetrain
The Genesis Electrified GV70 uses a Electric Motor producing 360kW and 700Nm of torque, sent through a automatic to a AWD layout. It covers the 0-100km/h sprint in 4.2 seconds.
The Lexus RZ responds with a Electric Motor making 230kW and 435Nm, paired to a automatic. It gets to 100km/h in 5 seconds.
The Genesis Electrified GV70 has the clear power advantage at 360kW vs 230kW. In the real-world sprint, the Genesis Electrified GV70 is 0.8s quicker. For most buyers, the way each car feels day-to-day matters more than outright acceleration.
Battery: 77.4kWh (Genesis Electrified GV70) vs 71.4kWh (Lexus RZ), giving WLTP ranges of 445km and 440km. DC fast charging peaks at 240kW (Genesis Electrified GV70) vs 150kW (Lexus RZ).
Space & Comfort
The Genesis Electrified GV70 measures 4,715mm long on a 2,875mm wheelbase, 90mm shorter than the Lexus RZ at 4,805mm (2,850mm wheelbase). The longer wheelbase on the Genesis Electrified GV70 generally means more rear legroom.
Boot space is 503L in the Genesis Electrified GV70 and 522L in the Lexus RZ, giving the Lexus RZ a 19L advantage.
True Cost to Own
Based on 15,000km of annual driving, electricity costs roughly $936/year for the Genesis Electrified GV70 and $840/year for the Lexus RZ. That is a $96 annual difference in favour of the Lexus RZ.
Estimated annual total: $936 (Genesis Electrified GV70) vs $840 (Lexus RZ). The Lexus RZ saves you roughly $96 per year in total ownership costs. Use our Fuel Cost Calculator to estimate based on your driving.
Warranty: 5 years / 999,999km (Genesis Electrified GV70) vs 5 years / 999,999km (Lexus RZ). Both match on warranty length.
Who Should Buy Which?
Buy the Genesis Electrified GV70 if: You want the lower entry price, prioritise performance, or prefer Genesis's approach to design and ownership experience.
Buy the Lexus RZ if: You need more boot space, want lower running costs, or prefer Lexus's approach to design and ownership experience.
The Verdict
The Genesis Electrified GV70 takes 7 of 10 key spec categories and comes in at a lower price. The Lexus RZ will save you roughly $96 a year in electricity. The best pick depends on what you value most. Explore the full specs for each model below.
Disclaimer: All information in this comparison was believed to be correct at the time of publishing (20 April 2026). Prices are manufacturer recommended retail prices (RRP) and may vary by state, dealer, and options. Driveaway costs include estimated on-road costs for Victoria. Fuel economy figures are WLTP/ADR combined cycle. Specifications can change without notice. Always verify with the manufacturer before making a purchase decision. CarSorted does not accept payment for recommendations.
Published by CarSorted Editorial Team · 20 April 2026
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