A Look Ahead: What to Expect from the 2024 Toyota Venza [Update]

  • Will mark the fourth model year for the Japanese-built mid-size SUV
  • No major changes expected in specifications or features
  • Should land in U.S. dealerships at the end of 2023
  • Prices expected to start close to USD 35,000

Update: ‘Sales’ section updated.

The first-generation Toyota Venza was developed primarily for the North American market, which explained its sleek and minimalist design. The second-generation model, introduced in 2020, saw Toyota catering to the SUV audience, and manufacturing shifted out to Japan. While the import may not have the same high-volume sales figures as the RAV4, it is still perceived as a viable middle-ground option positioned between the Toyota’s best-selling SUV and the Lexus NX.

Launched in the U.S. as an MY2021 product in 2020, the Venza is expected to enter its fourth model year in a few months to become a 2024 model. Here’s what you can expect from the electrified 2024 Toyota Venza. Note that the information and pictures featured in this article are specific to the current model year, and we will update this page as additional information is released by Toyota Motor North America.

Design

The Toyota Venza is three years old, but thanks to its sophisticated design, it looks quite appealing. We don’t expect the 2024 Toyota Venza to have cosmetic changes.

Toyota Venza front three quarter featured image
The 2024 Toyota Venza is unlikely to feature any exterior changes in this year’s update. Image Source: Toyota

The Venza has simple proportions, and its unique styling helps set it apart from other SUVs on the market. This mid-size two-row SUV features a sleek, coupe-inspired silhouette that offers a distinctive look without going overboard on the coupe-inspired design.

We expect the 2024 Venza to be defined by the same sloping roofline and a slim greenhouse that gradually narrows towards the rear, creating a complementary design. On top of that, the model year update should retain the LED projector headlights with dual LED DRLs, continuous LED tail lights, and 19-inch multi-spoke alloy wheels.

Toyota Venza rear three quarter
The fluidic design of the Venza gives it a completely different styling from other SUVs in the Toyota line-up. Image Source: Toyota

Interior & Features

Like the exterior, the interior of the 2024 Toyota Venza should look no different from the current model. The fluidic crossover should have the familiar sleek dashboard that wraps around the occupants, a floating central display, a center console inspired by a horse’s saddle, and the ‘Star Gaze’ dimmable panoramic roof.

The 2024 Toyota Venza interior should offer everything that’s expected from a premium SUV, including (8-way) power-adjustable driver’s seat with a memory function, heating, and ventilation, (8-way) power-adjustable front passenger’s seat with heating and ventilation, a digital rearview mirror (with Homelink), a (7- or 12.3-inch) digital instrument cluster, and a (10-inch) heads-up display (HUD).

Toyota Venza interior dashboard
The 2024 Toyota Venza may have a few revisions with respect to the standard equipment included in each grade, but no big feature additions. Image Source: Toyota

Expect all 2024 Toyota Venza configurations to feature the Toyota Audio Multimedia system integrated into the infotainment screen. The base ‘LE’ trim should have an 8-inch screen with voice recognition, Bluetooth, wireless Android Auto plus Apple CarPlay, Amazon Alexa, and Sirius XM compatibility. The other trims—XLE, Nightshade Edition, and Limited—will likely feature a 12.3-inch screen, also seen in the 2023 Highlander, bZ4X, and Lexus models like the NX and RZ.

While the LE trim may have a 6-speaker set-up with an amplifier, the rest of the variants should feature a 9-speaker JBL music system with a 1200-watt amplifier. Other tech features of the 2024 Venza will likely include a hands-free liftgate, a 360-degree camera system, Qi wireless charger, and over-the-air update capability for the infotainment system.

Toyota Venza infotainment system
The 2024 Toyota Venza will feature the Toyota Audio Multimedia system. Image Source: Toyota

The hands-free powered liftgate will likely come as standard on the 2024 Toyota Venza. Moreover, the SUV should offer up to 28.8 cu ft of cargo volume that can be nearly doubled to up to 55.1 cu ft by folding down the rear seats, as it is today.

Toyota Venza specifications

Based on the Toyota New Global Architecture K (TNGA-K), the 2024 Toyota Venza will come equipped exclusively with the Toyota Hybrid System II (THS II), carried over from the outgoing model. The hybrid SUV will be 186.6 inches long, 73 inches wide, and 65.9 inches tall (with the antenna) and have a 105.9-inch-long wheelbase.

THS II

The 2024 Toyota Venza’s THS II powertrain would comprise a 2.5-liter direct injection engine and three electric motors, two at the front and one at the rear. An electronically controlled CVT would send drive to the front wheels, while the rear wheels would get their power from the dedicated motor. The full-hybrid system may generate 219 horsepower and deliver a combined fuel economy of 39 mpg.

Key benefits of the Venza’s THS II hybrid system can be reaped in low-speed city driving and driving in traffic. In stop-and-go situations, the battery has a higher regeneration rate thanks to frequent braking, and that’s how the vehicle uses electric power at low speeds, reducing emissions. The Venza also takes off from a standstill using electric propulsion.

Toyota Venza Hybrid drive modes
The Venza Hybrid has a drive mode scroller and an EV mode button on its center console. Image: Toyota

The Venza has and should continue featuring four driving modes: Normal, Eco, Sport, and EV. Normal mode is suited for regular driving, where the Toyota Hybrid System II (THS II) alternates between e-motor assistance and combustion engine usage. Eco Mode prioritizes efficiency while the Sport mode maximizes output for the best performance. The EV mode cuts off the engine and drives the vehicle with 100% electric power, that is until the puny 0.9 kWh lithium-ion battery pack lasts.

Predictive Efficient Drive

The 2024 Venza Hybrid will feature Predictive Efficient Drive (PED) technology that uses navigation, memorizes repeating routes, and evaluates driver behavior to improve battery charging. The system then uses optimum throttle pedal release timing guidance and adjusts engine braking force to charge the battery efficiently.

Aspect2024 Toyota Venza Hybrid Specification (Expected)
Length (in.)186.6
Width (in.)73.0
Height (in.)65.9
Wheelbase (in.)105.9
Engine Displacement2.5-liter
Electric MotorsFront: Two
Rear: One
Battery Pack0.9 kWh lithium-ion
Combined Horsepower219 hp
Combined Fuel Efficiency39 mpg
Cargo Volume (Rear Seats Up)Up to 28.8 cu. ft.
Cargo Volume (Rear Seats Down)Up to 55.1 cu. ft.
2024 Toyota Venza hybrid specifications (Expected)

2024 Toyota Venza Hybrid Safety

The 2024 Toyota Venza should come equipped with Toyota Safety Sense 2.5+ (TSS 2.5+) as standard. TSS 2.5+ includes six active safety and driver assistance systems that use a high-res camera and a millimeter-wave radar.

TSS 2.5+ comprises Pre-Collision System with Pedestrian Detection (PCS w/PD), Full-Speed Range Dynamic Radar Cruise Control (DRCC), Lane Departure Alert with Steering Assist (LDA w/SA), Lane Tracing Assist (LTA), Automatic High Beams (AHB), and Road Sign Assist (RSA).

Toyota Venza side profile
The 2024 Toyota Venza Hybrid should feature Toyota Safety Sense 2.5+ (TSS 2.5+). Image: Toyota

Pre-Collision System (PCS) includes two additional functionalities in TSS 2.5+: intersection support and emergency steering assist. It can detect an oncoming car or pedestrian when turning left and an oncoming pedestrian when turning right. Emergency Steering Assist stabilizes the vehicle during an emergency maneuver, reacting to a preceding pedestrian, as well as a preceding vehicle or bicyclist.

Full-Speed Range Dynamic Radar Cruise Control (DRCC) offers a new curve speed management function, reducing the vehicle’s speed when entering a turn and returning it back to the set speed upon exiting. Other 2024 Toyota Venza safety features would include Rear Seat Reminder, Blind Spot Monitor, Rear Cross Traffic Alert, and Rear Parking Assist.

Price & Release Date

The 2024 Toyota Venza should be announced by the end of Summer 2023, with prices starting close to USD 35,000. We expect the new SUV to reach U.S. dealers in the final weeks of the year, as, according to a report CarsDirect published on July 19, 2023, the SUV’s production could begin in early October 2023.

Sales

The Toyota Venza Hybrid has not experienced the same level of sales success in the United States as the RAV4 or the Highlander. In 2022, it recorded just 33,683 units, 45.7% lower compared to 2021 (61,988 units). In H1 2023, Venza sales in the U.S. were 29.9% lower compared to H1 2022 – 13,077 units (H1 2022: 18,666 units). There will be a lot riding on the model year update as Toyota will hope to see an improvement in sales numbers.

TopElectricSUV says

The 2024 Toyota Venza may not have major improvements compared to the current model. Nevertheless, the latter shines with excellent features, convenience, safety, and a stylish design. On the downside, it falls short in terms of spaciousness and cargo capacity and isn’t tow-rated. However, if you prioritize style, quality, and exclusivity, the 2024 Toyota Venza would be an ideal hybrid mid-size two-row SUV.

2024 Toyota Venza FAQs

What is the 2024 Toyota Venza release date?

The 2024 Toyota Venza should begin arriving at U.S. dealerships at the end of 2023.

What will be the 2024 Toyota Venza price?

The base 2024 Toyota Venza should be priced at close to USD 35,000.

Which models will be 2024 Toyota Venza rivals?

The 2024 Toyota Venza will compete with the VW Atlas Cross Sport.

Featured Image Source: Toyota