Lexus has set both the hybrid and electric ES 2026 models at 61,500 euros in Spain. This wipes out the usual price gap and pushes buyers to rethink what matters in a premium sedan.
For the first time in Spain, anyone looking at a premium sedan will see the Lexus ES 2026 hybrid and its fully electric version starting at the same price: 61,500 euros. This is not a short-term deal or a marketing trick. Lexus has made a clear choice to erase one of the biggest reasons people hesitate to buy electric cars—the higher price compared to hybrids. Europa Press and official Lexus Spain sources confirm this pricing is set for Spain. Other European countries may see different prices and trims.
This eighth-generation Lexus ES brings the widest range yet. Buyers can pick a standard hybrid (ES 300h) or go for one of two electric models (ES 350e and ES 500e). Lexus is not pushing everyone toward one type of engine. Instead, it gives a real choice between hybrid and electric, with no extra cost for picking electric at the entry level. Lexus Spain points to this as a big change for customers who used to pay more for electric models.
The ES 300h is available with both front-wheel drive and E-Four all-wheel drive, while the ES 350e electric is front-wheel drive only at launch in Spain.
The price match is only part of the story. Lexus has also lined up the trim levels. Both the ES 300h and ES 350e start at 61,500 euros in Signature trim. The hybrid can be ordered with front-wheel drive or all-wheel drive (E-Four). The electric ES 350e is front-wheel drive only at this price. At the top, the ES 500e brings all-wheel drive and a stronger electric motor. That model starts at 66,100 euros, and the most loaded Omotenashi+ trim gets close to 80,000 euros. Lexus Spain and España Motor confirm these details.
Signature trim is not stripped down. It comes with a 14-inch central touchscreen, a 12.3-inch digital cockpit, and heated and ventilated front seats. The Exclusive trim adds a digital key, a 360-degree exterior camera, a digital rear-view mirror, and a 17-speaker Mark Levinson sound system. The Omotenashi+ package, only for the electric models, brings adaptive variable suspension, high-res MultiLED headlights, and a rear comfort suite with massage for the right-side passenger—features that most European rivals do not offer.
Lexus does not cut corners on safety. Every ES gets the Lexus Safety System+ 4.0, which includes blind spot monitoring, safe exit assist, and cross-traffic alerts for both front and rear. The hybrid uses a new 2.5-liter four-cylinder engine, paired with a lighter, more compact lithium-ion battery and an updated transmission. Lexus has focused on cutting weight for both hybrid and electric versions.
Independent reports indicate that the new generation ES was first presented earlier in 2026, with European sales—including Spain—scheduled to begin the same year. In several markets, open sales and test drives have already been announced, marking a coordinated rollout across the continent.
For buyers comparing the ES to other electrified SUVs and sedans, this pricing changes the game. The old rule—hybrids cost less, electrics cost more—no longer fits. This matters even more as other brands, like MG with its HS PHEV, have started to challenge the leaders by offering more electric range and sharp pricing, as reported earlier.
The ES 2026’s launch in Spain is more than just another car release. It shows the premium market is moving into a new phase. Electric is no longer a luxury extra—it is now a standard choice. Lexus’s move to close the price gap between hybrid and electric will likely push other brands to rethink their own plans. For Spanish buyers, the old math is gone. The real question is not whether to go electric, but which ES version fits best. This is the clearest sign yet that price-driven doubts about electric cars in the premium market are fading fast.
