2026 Lexus NX450h+ Luxury: Cheaper PHEV priced for Australia
The NX450h+ AWD Luxury will be the cheapest PHEV from the brand, starting from $84,500 before on-road costs and therefore undercutting the base Volvo XC60 Plus PHEV ($92,990) and BMW X3 xDrive30e ($104,800).
It'll sit below the only other NX PHEV offered here, the NX450h+ AWD F Sport flagship that's priced at $96,000 before on-road costs.
The Japanese luxury brand has also confirmed it's axing the petrol-powered NX250 Luxury that opens the mid-size SUV lineup. No more examples will be imported once existing stock is sold.
The axing of the NX250 Luxury – which uses a naturally aspirated 2.5-litre petrol four-cylinder engine – is due to what Lexus says is a 'reduction in demand'. This makes the NX350 AWD F Sport (from $79,450 plus on-road costs) the sole petrol-only NX offered in Australia.
Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Supplied Credit: CarExpert
The NX450h+ was introduced in Australia in 2022 as the brand's first PHEV, available only in F Sport trim (pictured below) with Enhancement Pack 2 equipped.
The new Luxury grade will be equipped with Enhancement Pack 1. While Lexus hasn't published a full list of standard equipment, it has confirmed the new entry-level PHEV SUV will include: Proximity entry and push-button start
Leather upholstery
Heated and ventilated front seats
Heated outboard rear seats
Heated steering wheel
Wireless Apple CarPlay and Android Auto
Wireless phone charger
Power tailgate
Surround-view camera
The F Sport builds on this with features like adaptive suspension and F Sport-exclusive styling tweaks.
The Luxury uses the same 2.5-litre plug-in hybrid four-cylinder powertrain as the F Sport, featuring two electric motors, an 18.7kWh lithium-ion battery pack and all-wheel drive.
Total system output is 227kW, while claimed electric-only driving range is 87km (NEDC) as part of a total 1167km range. Supplied Credit: CarExpert
Further announcements on standard equipment and features will be made ahead of the Lexus NX450h+ Luxury's planned arrival in September 2025.
The launch of the more affordable Luxury trim comes after shipments of the NX450h+ were paused for more than 18 months until order books reopened in November 2024.
Lexus Australia said the decision to suspend orders came after customers faced waiting lists of almost two years after it first went on sale in 2022.
Deliveries of the NX increased 6.0 per cent in the first half of 2025 compared with the same period last year, with 3080 examples reaching Australian customers.
That made it the brand's best-selling model, accounting for almost half its total 7338 sales to the end of June.
MORE: Explore the Lexus NX showroom
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MORE: Everything Honda Content originally sourced from: Honda is the latest automaker to scale back its electric vehicle plans, with some of the money saved going to hybrid drivetrain development instead. According to The Nikkei, Honda has reduced its spending on EV models due by 2030 from ¥10 trillion (A$100 billion) to ¥7 trillion (A$70 billion). This is a reaction to the slower-than-expected rate of growth of EV adoption in many markets across the world, as well as the scrapping of the US$7500 federal tax rebate for EVs passed as part of US President Donald Trump's One Big Beautiful Bill Act. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. One of the casualties from the budget cut is a three-row SUV aim primarily at the North American market, and initially envisaged as a competitor to the Kia EV9 and Hyundai Ioniq 9. 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