Lexus pioneered the luxury crossover SUV and was the first to introduce a hybrid model, but it has only recently added a model with genuine three-row seating and a plug-in hybrid option, the 2024 Lexus TX 550h+. This model allows for periods of all-electric driving thanks to its ability to charge from the grid, transitioning to gasoline use for extended range or more powerful acceleration.

This new offering pits the Lexus TX 550h+ against the established 2024 Volvo XC90 Recharge, a competitor in the plug-in hybrid (PHEV) arena since 2015, known for its incremental range improvements over the years. In this comparative review, we delve into the attributes of each model to determine which is the superior luxury three-row PHEV.

Pricing and Features
Luxury SUVs, especially those with plug-in hybrid capabilities, command a premium price. The XC90 Recharge begins at $71,900, contrasting with the base model’s $56,500, while the TX 550h+ starts at a higher $76,700 compared to its non-PHEV counterparts. The TX 550h+ comes better equipped in its standard configuration compared to the XC90 Recharge, though both models offer significant upgrades over their respective gas-only versions. When comparing the test vehicles, our Volvo was priced at $87,495 against the Lexus at $82,784, suggesting the TX 550h+ might provide better value depending on desired features. However, the XC90 Recharge’s lower entry cost for a luxury PHEV and its rich base features give it an edge in this category.

Range and Mileage
One of the main appeals of a PHEV is the potential for fuel savings. The TX 550h+ combines a 259-horsepower 3.5-liter V6 with electric motors for a total of 404 horsepower, achieving up to 33 miles on electric power alone and averaging 29 mpg thereafter. In contrast, the XC90 Recharge uses a turbocharged 2.0-liter four-cylinder paired with an electric motor to deliver 455 horsepower, with an electric range of up to 32 miles and a subsequent average of 27 mpg. Our testing favored the Lexus for efficiency, particularly after the initial electric range was depleted.

Driving Experience
Acceleration tests show the XC90 Recharge reaching 60 mph in 5.0 seconds, outpacing the TX 550h+’s 5.9 seconds. Despite this, the overall driving preference leans towards the Lexus, thanks to its smoother ride over rough surfaces and a more pleasant engine sound compared to the Volvo’s four-cylinder. While the Volvo boasts slightly better handling, the advantages of the Lexus in terms of comfort and ride quality make it our preferred driver.

Exterior and Interior Design
Both SUVs exhibit appealing designs that maintain their brand’s aesthetic values. The Volvo XC90, largely unchanged since its 2016 debut, still sports a fresh and elegant appearance, marked by its iconic “Thor’s hammer” headlights and vertical taillights. The Lexus TX, new for this year, opts for a conservative yet upscale design, featuring standard 22-inch wheels and a subtle iteration of the Lexus spindle grille. Inside, the Lexus features a modern 14-inch touchscreen, overshadowing the Volvo’s 9-inch screen. However, the XC90’s cabin boasts superior materials and a more striking design, resulting in a tie in this category based on personal preference.

Passenger Accommodations and Utility
The TX’s larger dimensions provide more spacious passenger accommodations compared to the XC90, though both vehicles manage their space efficiently. Cargo capacity also favors the Lexus, with significantly more storage behind each row of seats. Despite Volvo’s traditionally strong safety reputation, the XC90 and TX have not been directly compared in crash tests as of this writing, leaving this category without a clear winner.

Conclusion
The 2024 Lexus TX 550h+ and Volvo XC90 Recharge each present compelling arguments in the luxury PHEV market. The Lexus offers greater space, comfort, and efficiency, making it our preferred choice despite its slightly higher price point and some usability concerns. Buyers will need to weigh these factors against the Volvo’s lower starting price, superior base features, and aesthetic appeal to determine which model best suits their needs.