Introduced in 2019 as the first minivan from Lexus, two generations of the LM have been produced with varying degrees of relation with the Toyota Alphard/Vellfire.

The first generation LM was available as a seven or four-seater with petrol and hybrid engine options from 2020 to 2023.

[1][2] The first-generation LM was unveiled on 16 April 2019 at the 18th Shanghai International Automobile Industry Exhibition and first released on 20 February 2020 in China.

Compared to the third-generation Alphard, the LM features newer and stronger structural components, along with additional soundproofing elements such as dual-pane windows.

[4] The first-generation LM was available in China,[5] Taiwan,[6] Hong Kong,[7] and Southeast Asian markets such as Indonesia,[8] Thailand,[9] the Philippines,[10] Malaysia,[11] and Vietnam.

[23] A first for Lexus, the second-generation LM debuts "Rear Climate Concierge", which integrates controls of the air conditioning, sunshades, lighting, seat position, etc.

[24] The LM also features heated armrests and ottomans, another Lexus first, and is available with a 48-inch rear screen.

[25] Two models will be offered, 350h and 500h, with Lexus' Direct4 electric four-wheel drive system available.

[27] With the new generation, Lexus has expanded its availability by launching it in several countries, including in Europe, Australia and Japan for the first time.