Lexus is expected to introduce a new SUV, possibly called the TZ or TX, which may be a three-row electric luxury vehicle. The vehicle's specifications are not yet confirmed, but it could have a range of around 300 miles and potentially over 400 horsepower. The exact details and release timing of the new SUV are still unclear, with some reports suggesting it may be part of a larger lineup of new models from Toyota in 2026.