The price gap between the hybrid and electric versions of the Lexus ES is growing by $240 for the 2027 model year compared to 2026.

That’s because the starting price of the hybrid ES 350h is decreasing by $215 while the electric ES 350e is increasing by $125.

So instead of what was a $2,625 premium to get the electric version of the ES instead of the hybrid, the difference is now $2,965.

The more expensive ES 500e is also increasing in price, but just by $115.

The ES has been a mainstay in the Lexus lineup since the 1990 model year.

The current ES, built on the Lexus GA-K platform, launched for 2026 and offers hybrid and all-electric powertrains.

Powertrain options

The ES is available with a single hybrid-electric vehicle (HEV) powertrain and two battery-electric vehicle (BEV) powertrains.

ES 350h

The Lexus ES 350h models get a hybrid-electric system that pairs a 2.5-litre gasoline engine with an integrated eAxle with a total output of 243 hp. This new powertrain, Lexus said, is more compact and lightweight than previous iterations, offering a higher battery output.

In Canada, all ES 350h models get all-wheel drive.

ES 350e

The first of the BEV powertrains is the ES 350e variety. This one offers front-wheel drive with an electric motor providing up to 221 hp.

Toyota estimates a driving range of up to 480 kilometres on a single charge.

ES 500e

There’s also the more powerful ES 500e, which offers a dual-motor all-wheel-drive setup with a total output of 338 hp. This version gets between 444 kilometres of range on models equipped with 19-inc wheels and 438 kilometres with 21-inch wheels.

The all-wheel-drive system continuously adjusts torque distribution to all four wheels based on road conditions and driving behaviour.

Tech features of the ES

The 2026 Lexus ES features the automaker’s latest suite of active safety features, Lexus Safety System+ 4.0.

It also includes the latest version of Lexus Interface, a multimedia and connectivity system that includes Service Connect, Safety Connect, Remote Connect, and Drive Connect.

The centre display is a 14-inch touchscreen.

Canadian prices

The starting Canadian prices, including the manufacturer’s suggested retail price (MSRP) and estimated fees and levies, of the 2027 Lexus ES are as follows:

• ES 350h Signature – $63,115 (MSRP of $59,685)
• ES 350h Premium – $65,805 (MSRP of $62,375)
• ES 350h Premium+ – $69,775 (MSRP of $66,345)
• ES 350e Signature – $66,080 (MSRP of $62,650)
• ES 350e Premium – $67,545 (MSRP of $64,115)
• ES 350e Luxury – $75,120 (MSRP of $71,690)
• ES 350e Luxury+ – $77,495 (MSRP of $74,065)
• ES 350e Executive VIP – $81,525 (MSRP of $78,095)
• ES 500e Signature – $69,070 (MSRP of $65,640)
• ES 500e Premium – $70,535 (MSRP of $67,105)
• ES 500e Luxury – $78,110 (MSRP of $74,680)
• ES 500e Luxury+ – $80,680 (MSRP of $77,250)

Fees, levies and selling price may vary by location.

The 2027 Lexus ES 350h, ES 350e, and ES 500e are now on sale in Canada.

For full model details, visit the Lexus Canada website.

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