Industry News · Sunday, September 20, 2026 · Story 2 of 2

Lexus Priced the 2027 ES Hybrid Under the EV. That Is the Sedan Signal.

The luxury brand put an exclusively electrified ES on sale and still made the hybrid the cheaper door. Honda Canada has not done the EV half of that pair.

By Henry Chen · Maple Honda, Vaughan · Published September 20, 2026
2027 Lexus ES 350h Premium in Cloudburst Gray, front three-quarter in a city setting

Photo: Lexus Canada. 2027 Lexus ES 350h. The hybrid Signature trim is the priced-to-sell door into an exclusively electrified sedan.

The news: Lexus Canada, on September 15, put the 2027 ES on sale as an exclusively electrified sedan — hybrid or battery-electric, no gas-only grade. The ES 350h Signature starts at $59,685 MSRP. The ES 350e Signature, the front-drive battery-electric counterpart, starts at $62,650. That is a $2,965 hybrid discount on the entry sticker. The hybrid makes 244 combined horsepower with all-wheel drive. The 350e is 221 system horsepower, front-wheel drive, with an estimated range of up to 480 km. The 500e is 338 system horsepower with DIRECT4 all-wheel drive, from $65,640. Twelve grades in total. Lexus Canada

What it means: Lexus did not hide the EV. It priced the hybrid underneath it. That is the tell I hear on the Vaughan floor when someone walks in off a Lexus quote: they wanted the badge and the quiet cabin, then the payment math pulled them back to a plug-free hybrid. The 350h is all-wheel drive. The cheaper EV is front-wheel drive. For a GTA winter driver, that gap is not a footnote.

Honda Canada is not in that pairing. The 2026 Accord on honda.ca is still SE gas, Sport-L Hybrid and Touring Hybrid. The hybrid trims use Honda's two-motor 2.0-litre system, 204 hp combined, 5.3 L/100 km combined, front-wheel drive. There is no Accord EV page. I will not invent an Accord dollar figure here — confirm current selling price on honda.ca or with a written quote. The comparison that matters is architecture, not a screenshot of someone else's invoice. Lexus is selling an electrified luxury sedan with the hybrid as the priced door. Honda is still selling a midsize hybrid sedan with a gas trim still on the sheet.

2027 Lexus ES 350h Premium in Cloudburst Gray, three-quarter view on a coastal road
Photo: Lexus Canada. 2027 Lexus ES 350h. The 350h is the all-wheel-drive hybrid; the 350e EV is front-wheel drive.
2026 Honda Accord — exterior styling (Canadian model)
Photo: Honda Canada. 2026 Honda Accord exterior styling. Canadian trims remain SE gas, Sport-L Hybrid and Touring Hybrid.

My prediction: On December 20, 2026, honda.ca will still list Accord as SE gas, Sport-L Hybrid and Touring Hybrid, and will not have an Accord battery-electric model page, because Honda Canada has already confirmed it is not bringing a small EV sedan here and has not announced an Accord EV. I will be wrong if honda.ca publishes an Accord EV model page by that date.

If you're buying right now: If a Lexus ES quote is what brought you in, walk the hybrid-versus-EV sticker on paper before you fall in love with a screen. Then put the same drive against Accord Hybrid on considering Lexus over Honda in Vaughan — same commute, same winter, written numbers, not a badge feeling.

Quick answers

How much is the 2027 Lexus ES hybrid in Canada?

Lexus Canada, on September 15, 2026, listed the 2027 ES 350h Signature at a starting MSRP of $59,685. That is $2,965 under the ES 350e Signature battery-electric model at $62,650. Estimated vehicle prices, which add freight, PDI, air-conditioning levy and maximum dealer fees, are $63,115 and $66,080.

Is the 2027 Lexus ES still available as a gas-only sedan in Canada?

No. Lexus Canada's September 15, 2026 release says the 2027 ES is exclusively electrified: ES 350h hybrid with 244 combined horsepower and all-wheel drive, ES 350e front-wheel-drive battery electric with 221 system horsepower and up to 480 km of estimated range, and ES 500e with 338 system horsepower and DIRECT4 all-wheel drive.

Does Honda Canada sell an Accord EV?

No. Honda Canada's 2026 Accord lineup, per honda.ca, is SE gas, Sport-L Hybrid and Touring Hybrid. The hybrid trims are a 2.0-litre two-motor system rated 204 hp combined and 5.3 L/100 km combined. Honda Canada has not published an Accord battery-electric model page.

Cross-shopping a Lexus ES against Accord Hybrid?

Bring the Lexus quote. I will put the same commute against Accord Hybrid on paper — no pressure to pick a badge first.

Henry Chen
Sales and Leasing Executive, Maple Honda
89 Auto Vaughan Dr, Maple, ON L6A 4A1
647-523-6878 · henry@maplehonda.com

Lexus Canada newsroom, September 15, 2026. Honda Accord Canadian trims and hybrid ratings from honda.ca. Predictions are my personal read, not Honda Canada policy.

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Prefer another way? Call or text 647-523-6878 · email henry@maplehonda.com

Henry Chen · Sales and Leasing Executive · Maple Honda, 89 Auto Vaughan Dr, Maple, ON