The Lexus TZ is the brand’s first three-row, all-electric SUV, and it has a clear job to do: give luxury families a quiet, spacious EV without asking them to leave the Lexus badge behind. It was released in May 2026, and the Lexus TZ will be above the two-row RZ as Lexus’ biggest battery-electric SUV yet, built around what the company calls a “Driving Lounge.