{
  "id": 14122909,
  "title": "Lexus Korea unveils 1st all-electric ES sedan",
  "url": "https://urgent.news/2026/10/13/lexus-korea-unveils-1st-all-electric-es-sedan",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-13T05:07:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20261013/lexus-korea-unveils-1st-all-electric-es-sedan"
  },
  "original_language": "en",
  "account": "Lexus Korea has introduced its inaugural all-electic ES sedan, broadening the luxury automaker's electrification approach beyond its existing hybrid portfolio, as it seeks to fortify its position in the rapidly growing electric vehicle (EV) sector, the company announced on Tuesday. The eighth-generation All-New ES range includes the ES 350e and ES 500e electric models, alongside the ES 350h hybrid variant, providing consumers the option between fully electric and hybrid powertrains. The announcement carries significant strategic importance for Lexus, which has built its reputation in South Korea primarily on hybrid vehicles. Although the Japanese luxury brand is well-established in the premium hybrid sedan segment, it has been a relatively late entrant into the all-electric market. \"EVs are not a sudden move for Lexus Korea,\" Lexus Korea CEO Manabu Konoyama stated during a media event. \"Rather, they represent the next logical step, built upon the experience and expertise we have gained through our hybrid vehicles.\" The ES 350e, the company's most affordable electric model, is priced at 71.6 million won ($53,500) and boasts a driving range of 478 kilometers on a single charge.",
  "summary": "Lexus Korea has launched its first all-electric ES sedan, expanding the luxury carmaker’s electrification strategy beyond its established hybrid lineup, as it moves to strengthen its position in the increasingly competitive electric vehicle (EV) market, the company said Tuesday. The eighth-generation All-New ES lineup comprises the ES 350e and ES 500e EVs alongside the ES 350h hybrid, offering…",
  "key_points": [
    "Lexus Korea unveils first all-electric ES sedan",
    "ES 350e model priced at 71.6 million won ($53,500)",
    "Range of 478 kilometers on single charge"
  ],
  "editors_take": "Expanding into fully electric powertrains allows the luxury brand to leverage its established hybrid reputation to compete more directly in South Korea's rapidly growing premium electric vehicle market.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Lexus Korea unveils 1st all-electric ES sedan",
        "url": "https://urgent.news/2026/10/13/lexus-korea-unveils-1st-all-electric-es-sedan-14126212",
        "published": "2026-10-13T05:32:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}