While it's no surprise to hear that Lexus will be showing off a more luxurious version of the Prius hybrid sedan, Inside Line is reporting that the upcoming model will be priced over $30,000 and possibly have an older brother in the form of a dedicated hybrid crossover utility vehicle. Based on Toyota's midsize sedan architecture, the crossover vehicle would be similar in size to the hybrid RX that Lexus already sells in pretty good numbers. We have no information on whether Lexus plans to offer both hybrid utility vehicles at the same time.
According to IL's sources, the un-named Lexus Prius model will appear sometime in calender year 2010, which should be about a year after the third-generation Prius arrives. The hybrid CUV would follow a year later in 2011. Again, rumor has it that the Lexus hybrids could be the first application of lithium ion batteries in a Toyota-built hybrid vehicle.
[Source: Inside Line]