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The SUV would be dubbed the CX300h, in Lexus naming nomenclature, and would bank off the success of the larger RX. It would probably share a platform with the RAV4, which currently doesn’t have a hybrid powertrain, but given Toyota’s predilection for jamming hybrids in everything from LS luxobarges to bagel toasters, a hybrid RAV4 might follow suit.
The CX300h would compete against the Audi Q3, BMW X1, Mercedes GLK, and the Infiniti EX for cute-ute market share. And in order to compete, the Lexus SUV would feature the 2.5-liter four-cylinder shared in the HS250h bolted to the electric motor. It would certainly give Lexus some credibility in the rapidly-growing luxury compact SUV segment.