Lexus has shaken up the luxury sedan market with the release of the 2026 ES pricing, featuring a surprising twist: the all-electric ES 350e is now the entry-level model starting at $48,795. Meanwhile, the ES 350h hybrid sees a significant price jump to $50,995 as Lexus moves to an all-electrified lineup. With the gas-only V6 officially retired, the ES enters a new era of efficiency and high-tech “Aura” lighting.