Lexus has unveiled the TZ: its first-ever three-row electric SUV, set to take on the likes of the Volvo EX90 and Cadillac Vistiq when it launches in the US in late 2026.

The Lexus TZ is claimed to offer up to 300 miles (482km) on a charge with a dual-motor all-wheel drive powertrain as standard, and will serve as the electric alternative to the North American-exclusive three-row Lexus TX – much like the relationship between the Lexus RX and RZ sold in Australia.

As expected, it’s effectively the Lexus cousin of the Toyota Highlander EV revealed earlier this year, which means it’s built on the TNGA platform, shares batteries, and is dimensionally similar. It’s therefore also a cousin to the three-row Subaru Getaway.

Unlike those two US-built models, however, the TZ will reportedly also be built and launched in Japan this year, which means it’s possible it’ll be produced in right-hand drive, opening the door for an Australian launch.

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Further, when asked whether the TZ would be brought to Australia, a Lexus spokesperson said the door was wide open.

“Lexus Australia welcomes the unveil of the new TZ, which marks an exciting evolution and next chapter in the Lexus design story,” the spokesperson said.

“Lexus Australia continually reviews opportunities to enhance our local lineup and is currently assessing the TZ for potential introduction.”

Full specifications have yet to be confirmed, though Lexus has announced it’ll be available with two lithium-ion batteries – with capacities of 76.96kWh or 95.82kWh – that are identical to what’s offered in the Toyota Highlander EV.