Lexus RZ vs Genesis Electrified GV70
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 Lexus RZ starts from $135,000 before on-road costs, while the Genesis Electrified GV70 opens at $127,800. 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 $148,500 and $140,580 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 Lexus RZ stands out with Apple CarPlay, V2L and Mark Levinson audio that you will not find on the Genesis Electrified GV70. The Genesis Electrified GV70 counters with wireless Apple CarPlay/Android Auto, wireless charging and ventilated seats. Which feature set matters more depends on your daily routine and priorities.
Drivetrain
The Lexus RZ uses a Electric Motor producing 230kW and 435Nm of torque, sent through a automatic to the wheels. It covers the 0-100km/h sprint in 5 seconds.
The Genesis Electrified GV70 responds with a Electric Motor making 360kW and 700Nm, paired to a automatic driving all four wheels. It gets to 100km/h in 4.2 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: 71.4kWh (Lexus RZ) vs 77.4kWh (Genesis Electrified GV70), giving WLTP ranges of 440km and 445km. DC fast charging peaks at 150kW (Lexus RZ) vs 240kW (Genesis Electrified GV70).
Space & Comfort
The Lexus RZ measures 4,805mm long on a 2,850mm wheelbase, 90mm longer than the Genesis Electrified GV70 at 4,715mm (2,875mm wheelbase). The longer wheelbase on the Genesis Electrified GV70 generally means more rear legroom.
Boot space is 522L in the Lexus RZ and 503L in the Genesis Electrified GV70, giving the Lexus RZ a 19L advantage.
True Cost to Own
Based on 15,000km of annual driving, electricity costs roughly $840/year for the Lexus RZ and $936/year for the Genesis Electrified GV70. That is a $96 annual difference in favour of the Lexus RZ.
Estimated annual total: $840 (Lexus RZ) vs $936 (Genesis Electrified GV70). 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 (Lexus RZ) vs 5 years / 999,999km (Genesis Electrified GV70). Both match on warranty length.
Who Should Buy Which?
Buy the Lexus RZ if: You need more boot space, want lower running costs, or prefer Lexus's approach to design and ownership experience.
Buy the Genesis Electrified GV70 if: You want the lower entry price, prioritise performance, or prefer Genesis'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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