Lexus Korea has launched the all-new eighth-generation ES in South Korea, and for the first time the long-running luxury sedan is offered as a full EV. The entry ES 350e Premium starts at KRW 71.6 million, which is KRW 1.3 million less than the ES 350h Premium hybrid at KRW 72.9 million.
This is a South Korea market launch. Pakistan availability and pricing have not been announced.
What is confirmed
The new ES went on sale on 13 October 2026 in nine versions: five battery-electric and four hybrid. Electric buyers choose between the front-drive ES 350e and the all-wheel-drive ES 500e.
South Korea prices
Prices include VAT and the 5% special consumption tax.
| Version | Powertrain | Price |
|---|---|---|
| ES 350e Premium | EV | KRW 71.6 million |
| ES 350e Luxury | EV | KRW 80.2 million |
| ES 350e VIP | EV | KRW 83.9 million |
| ES 500e Premium | EV, AWD | KRW 77.0 million |
| ES 500e Luxury | EV, AWD | KRW 84.9 million |
| ES 350h Premium | Hybrid | KRW 72.9 million |
| ES 350h Luxury | Hybrid | KRW 77.8 million |
| ES 350h AWD Premium | Hybrid, AWD | KRW 75.9 million |
| ES 350h AWD Luxury | Hybrid, AWD | KRW 80.8 million |
Why the EV undercutting the hybrid matters
Luxury brands usually charge a premium for electric versions. Here, the cheapest electric ES costs less than the cheapest hybrid, which removes the usual price barrier for buyers weighing a switch. For hybrid loyalists, the decision now turns on charging access and driving patterns rather than sticker price.
Battery, range and charging
The ES 350e uses a 74.69 kWh battery and is listed at up to 478 km of combined range. It supports 150 kW DC fast charging and 11 kW AC, with a 10-80% top-up quoted at about 28 minutes at 25°C.
The ES 500e adds Lexus DIRECT4 all-wheel drive and up to 347 hp, with a quoted range of 435 km for the ES 500e Premium. Range for other trims may differ with wheel size and equipment.
Range warning: these are Korean certification figures and are not directly comparable with WLTP or CLTC numbers. Cold weather and highway speeds will reduce real-world range.
Size
The new ES measures 5,140 mm long and 1,920 mm wide on a 2,950 mm wheelbase, keeping its role as a spacious executive sedan with plenty of rear legroom.
What remains unconfirmed
Full equipment lists by trim and range figures for every ES 500e version were not detailed in launch coverage. Buyers in South Korea should check the brochure and a dated written quotation, including any subsidy eligibility, before booking.
Is it coming to Pakistan?
Not confirmed. There is no announced Pakistan launch for the electric ES, and KRW prices should not be converted into an expected local figure, since import duties, taxes and freight would change the final cost significantly.
Bottom line
The eighth-generation ES is a notable step for Lexus in South Korea: an electric luxury sedan from KRW 71.6 million that undercuts its own hybrid sibling. Treat it as an overseas launch for now, and wait for official word before expecting it locally. To see how charging fits your routine, try the CarvoltX EV charging time tool.
