With the number of millionaires in China estimated to grow from 6,200,000 to over 12,000,000 over the next half-decade, a slew of companies from across a wide array of product spaces have begun stepping up to meet the ever-growing demand for ultra-premium luxury items. One such outfit is elite Japanese carmaker Lexus, which, in addition to producing its regular premium coupes, sedans, and SUVs, has increasingly focused its attention on the executive transport and chauffeur vehicle market. These efforts began in 2020 with the release of the company’s first-gen LM van, though as this segment has grown increasingly competitive, Lexus is now looking to reestablish its dominance in this space with the debut of the new and improved 2024 Lexus LM.
The 2024 Lexus LM comes adorned in all-new bodywork that puts an ultra-sleek spin on traditional van designs, with a futuristic-looking front-end that features an oversized version of one of Lexus’ signature grilles. The LM is being offered with two different powertrains (depending on the market), with either a 2.4 or 2.5-liter turbocharged hybrid inline-four. In an effort to bolster comfort and deliver a smoother, plusher ride, the LM has also been bestowed with a redesigned, reinforced chassis that’s been paired with an Adaptive variable suspension setup with Frequency-Sensitive Piston Valving — an amenity borrowed from Lexus’ track-focused lineup.
While the LM is offered in four, six, and seven-seat configurations, it’s the four-seater model that really stands out from the crowd. The four-seater variant boasts front driver and passenger seats, and a huge rear area that houses two high-back, throne-style seats. Essentially a private jet on wheels, the four-seat LM has been outfitted with airline-style retractable tables built into the seats’ armrests, a central touchscreen display, a refrigerator, and onboard umbrella storage. Sitting branch a retractable smoked glass partition is a massive 48” wide-screen display that makes the rear seating area look more like a home theater than the backseat of the van. The LM has also been treated to newly-developed “Gin-Sui-Boku” ornamentation and a bevy of finely-crafted leather-wrapped surfaces and stitched paneling.
The 2024 Lexus LM 300H Executive Transport Van will be available for order in the coming months in select markets — which sadly doesn’t include the U.S. market. And, while pricing has yet to be revealed, we anticipate an MSRP of over $200,000.