For the first time in Spain, the Lexus ES 2026 hybrid and fully electric version will start at the same price: 61,500 euros. This is neither a short-term deal nor a marketing gimmick. Lexus is addressing one of the basic reasons buyers hesitate to go electric: the higher price compared with hybrids. Europa Press and official Lexus Spain sources confirm that the pricing applies in Spain. Prices and trims may differ elsewhere in Europe.
This eighth-generation Lexus ES offers the widest range yet. Buyers can choose the standard hybrid (ES 300h) or either of two electric models (ES 350e and ES 500e). Lexus leaves the choice of powertrain to customers, with no extra cost for choosing electric at the entry level. Lexus Spain calls this a major change for customers who previously paid more for electric models.
The price match is only part of the story. Lexus has also aligned the trim levels: both the ES 300h and ES 350e start at 61,500 euros in Signature trim. The hybrid comes with front-wheel lead or all-wheel lead (E-Four); at this price, the electric ES 350e is front-wheel lead only. At the top of the range, the ES 500e adds all-wheel lead and a stronger electric motor. It starts at 66,100 euros, while the most fully equipped Omotenashi+ trim approaches 80,000 euros. Lexus Spain and España Motor confirm these details.
Signature trim is well equipped. It includes a 14-inch central touchscreen and a 12.3-inch digital cockpit, along with heated and ventilated front seats. The Exclusive trim adds a digital basic and a 360-degree exterior camera; it also gets a digital rear-view mirror and a 17-speaker Mark Levinson sound system. Available only on electric models, the Omotenashi+ package brings adaptive variable suspension and high-res MultiLED headlights. It also includes a rear comfort suite with massage for the right-side passenger, features most European rivals do not offer.
Lexus has equipped every ES with the Lexus Safety System+ 4.0. It includes blind spot monitoring and safe exit assist, plus front and rear cross-traffic alerts. The hybrid pairs a new 2.5-liter four-cylinder engine with a lighter, more compact lithium-ion battery and an updated transmission. Lexus has also focused on reducing weight in both hybrid and electric versions.
OICA news summaries say the new-generation ES was first presented earlier in 2026, with European sales, including in Spain, scheduled to begin that year. Several markets have already announced open sales and test drives as part of a coordinated rollout across the continent.
For buyers weighing the ES against other electrified SUVs and sedans, the pricing changes the equation. The old rule, hybrids cost less and electrics cost more, no longer holds. That shift matters as other brands, including MG with its HS PHEV, challenge established leaders with more electric range and competitive pricing, as reported earlier.
The ES 2026’s Spanish launch points to a shift in the premium market: electric power is becoming a standard choice rather than a luxury extra. By closing the price gap between hybrid and electric models, Lexus could prompt other brands to rethink their plans. For Spanish buyers, the old price calculation no longer applies. The choice now comes down to which ES version fits best.
