The torus involute gear can compensate large axial misalignments and may possess good meshing characteristics without lead correction. In order to study its dynamic characteristics and verify its feasibility of the practical application, a new efficient rigid-elastic coupling dynamic model of multi-tooth is established which includes effects of lubrication oil film and tooth deformations directly in contact simulation of gears. In this model, each tooth is connected with the gearwheel by a rotatable spring-damper element whose stiffness is calculated through analysis of tooth deformation. The normal tooth contact force is determined via Lankarani and Nikravesh model. Variation of contact stiffness and rotatable spring stiffness with contact points are both taken into account. Combined with tooth contact analysis, the computation of friction coefficient is implemented with high efficiency by introducing the average lubrication oil film height. A three-dimension multi-body model of a torus involute gear pair is employed and verified by an impact experiment. The simulated results provide useful information about tooth impacts, dynamic transmission error and lubrication conditions like oil film heights and friction coefficients, and show that this type of gear can work with good meshing characteristics. The contributions in this paper lay theoretical basis for the application of the torus involute gear.