Genesis Electrified GV70 vs Lexus RX 350hElectric or hybrid: which costs less?
The verdict
Based on the cheapest version of each, 250 km a week in NSW, mostly charged at home. Details in the table below.
The Lexus RX 350h Luxury FWD is about $36,153 cheaper to own over 5 years than the Genesis Electrified GV70 Signature Performance AWD. Week to week, charging the Genesis Electrified GV70 Signature Performance AWD mostly at home in NSW costs about $18.75, against $29.85 of petrol for the Lexus RX 350h Luxury FWD, a running saving of about $577 a year for the EV.
Side by side
Comparing the Genesis Electrified GV70 Signature Performance AWD and Lexus RX 350h Luxury FWD. Better figure in green. 250 km a week; the EV is charged mostly at home and petrol is NSW's average this week.
| Genesis Electrified GV70 Signature Performance AWD | Lexus RX 350h Luxury FWD | |
|---|---|---|
| Price | $132,800+ on-roads | $93,550+ on-roads |
| Type | Electric | Hybrid (petrol) |
| Energy use | 20.0 kWh/100 km | 5 L/100 km |
| Range | 462 km per charge | ≈ 1,040 km per tank |
| Refuel or recharge | Overnight at home, or 240 kW fast charging | A few minutes at any servo |
| Charging or fuel per week (NSW) | $18.75 | $29.85 |
| Servicing per year | Included | $695 |
| Tyres per year | $669 | $416 |
| Home charger (one-off) | $2,000 | Not needed |
| Length | 4.71 m | 4.89 m |
| Warranty | 5 yrs / unlimited km | 5 yrs / unlimited km |
| 5-year cost to own | $147,019 | $110,866 |
What do "on the road" and "cost to own" mean?
Before on-road costs (+ on-roads): the car's list price only. You pay extra government charges and dealer fees on top when you buy.
On-road costs: stamp duty, first year's registration, compulsory third party (CTP) insurance, number plates and the dealer's delivery fee. They usually add $3,000–6,000 depending on the car and your state. Where a price is "before on-roads" we add about $4,000. See stamp duty and rego by state.
Drive-away: a price that already includes the on-road costs, so it's what you actually pay to drive the car home.
On the road price: the drive-away price, or the list price plus our on-road estimate.
Cost to own: everything you'd spend over the years you keep the car (5 unless you change it): the on the road price, plus a home wall charger for EVs (about $2,000, one-off), plus charging or fuel, scheduled servicing and tyres for every year. Divide it by the number of weeks to see what the car really costs you each week.
Not included: yearly rego renewals and insurance after the first year (see what EVs and hybrids cost to insure), finance interest, and what the car is worth when you sell it. These vary too much by person and car to estimate fairly, and resale value is the biggest unknown, especially for newer brands.
Weekly running cost by state
250 km a week. Electricity is each state's 2026–27 default rate; petrol is each capital's average on 21 October 2026.
| State | Genesis Electrified GV70 (charging) | Lexus RX 350h (petrol) |
|---|---|---|
| NSW | $18.75 | $29.85 |
| Victoria | $16.28 | $29.53 |
| Queensland | $16.10 | $29.68 |
| South Australia | $22.35 | $29.16 |
| WA | $18.48 | $29.40 |
| Tasmania | $14.66 | $30.73 |
| ACT | $20.15 | $30.79 |
| NT | $17.04 | $30.64 |
Common questions
Is the Genesis Electrified GV70 or Lexus RX 350h cheaper to own?
The Lexus RX 350h Luxury FWD is about $36,153 cheaper to own over 5 years than the Genesis Electrified GV70 Signature Performance AWD. This counts the price, a home charger for the EV, charging or fuel, servicing and tyres, driving 250 km a week in NSW.
Which is cheaper to run each week, the Genesis Electrified GV70 or Lexus RX 350h?
In NSW, the Genesis Electrified GV70 Signature Performance AWD costs about $18.75 a week to charge mostly at home, and the Lexus RX 350h Luxury FWD about $29.85 a week in petrol, for 250 km of driving.
Do I need a home charger for the Genesis Electrified GV70?
Not necessarily. A normal power point adds roughly 150 km overnight, which covers most daily driving. A wall charger typically costs $1,000–$3,000 installed and charges about three times faster.
More comparisons
Genesis Electrified GV70 against hybrids and plug-ins
How we work it out, and our sources
Weekly cost = the car's energy use × 250 km × your electricity or fuel price, with 90% of charging at home. Prices are list prices at November 2026; check with the dealer.
- Electricity: 2026–27 default rates (AER, Victorian Default Offer, state retailers). Public charging: Sydney network prices, July 2026.
- Petrol and diesel: ACCC capital-city averages, 21 October 2026.
- Cars: maker figures via CarExpert, Drive, CarsGuide and EV Central. Plug-in electric range is taken as 80% of the claim.
- Servicing: published capped prices; marked as an estimate where not yet published (CarExpert comparison).
- Tyres: an EV set lasts about 35,000 km, a petrol or hybrid set 50,000 km (RACV); prices from Gridly.
- Home charger: about $2,000 installed ($1,000–$3,000). Novated leases: PwC summary.
Printed from EV Pick · evpick.com.au. Prices and costs are estimates; check with the dealer. © 2026 EV Pick (T. Crouch). For personal use only; not to be copied, republished or sold without permission.