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	<title type="text">Electric Cars | The Verge</title>
	<subtitle type="text">The Verge is about technology and how it makes us feel. Founded in 2011, we offer our audience everything from breaking news to reviews to award-winning features and investigations, on our site, in video, and in podcasts.</subtitle>

	<updated>2026-04-23T12:26:52+00:00</updated>

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		<entry>
			
			<author>
				<name>Jay Peters</name>
			</author>
			
			<title type="html"><![CDATA[Elon Musk admits that millions of Tesla vehicles won&#8217;t get unsupervised FSD]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/917167/elon-musk-tesla-hw3-fsd" />
			<id>https://www.theverge.com/?p=917167</id>
			<updated>2026-04-22T18:38:31-04:00</updated>
			<published>2026-04-22T18:38:31-04:00</published>
			<category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="Elon Musk" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Tesla" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[Tesla vehicles with the company's Hardware 3 (HW3) computer actually won't receive unsupervised Full Self-Driving (FSD), CEO Elon Musk said on Wednesday's Q1 2026 earnings call. Approximately 4 million Tesla vehicles operate on the HW3 platform, meaning that a significant chunk of Tesla owners - including customers that paid for the feature when they bought [&#8230;]]]></summary>
			
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<figure>

<img alt="A magenta-hued photograph of Elon Musk against a wavy illustrated background." data-caption="" data-portal-copyright="Image: Laura Normand / The Verge" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/chorus/uploads/chorus_asset/file/24090210/STK171_VRG_Illo_12_Normand_ElonMusk_12.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">Tesla vehicles with the company's Hardware 3 (HW3) computer actually won't receive unsupervised Full Self-Driving (FSD), CEO Elon Musk said <a href="https://www.youtube.com/live/qO7T5zgRvXM?si=L5L6zzr64xcHLfli">on Wednesday's Q1 2026 earnings call</a>. Approximately 4 million Tesla vehicles operate on the HW3 platform, meaning that a significant chunk of Tesla owners - including customers that paid for the feature when they bought their cars - are now locked out of being able to use unsupervised FSD, which has been something Musk has been hyping for years, unless they upgrade their car or their car's hardware.</p>
<p class="has-text-align-none">Musk:</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="has-text-align-none">I wish it were otherwise, but Hardware 3 simply does not have the capability to achieve unsupervi …</p></blockquote>
<p><a href="https://www.theverge.com/transportation/917167/elon-musk-tesla-hw3-fsd">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Andrew J. Hawkins</name>
			</author>
			
			<title type="html"><![CDATA[Tesla&#8217;s revenue rises again as it prepares for more AI and robotics]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/915217/tesla-q1-2026-earnings-profit-revenue" />
			<id>https://www.theverge.com/?p=915217</id>
			<updated>2026-04-23T08:26:52-04:00</updated>
			<published>2026-04-22T16:36:17-04:00</published>
			<category scheme="https://www.theverge.com" term="Autonomous Cars" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="Elon Musk" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tech" /><category scheme="https://www.theverge.com" term="Tesla" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[Tesla released its 2026 first-quarter financial earnings today, providing another look at the progress of Elon Musk's $1 trillion bet to transform his company into a leader of AI and robotics. Tesla said it earned $477 million in net income on $22.4 billion in revenue in the quarter that ended in April 2026. That's a [&#8230;]]]></summary>
			
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<figure>

<img alt="A metal Tesla car with its doors open, swinging upwards, on a green background." data-caption="" data-portal-copyright="Image: The Verge" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/12/STKE001_STK086_Tesla_Robotaxi_3_B.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">Tesla released its <a href="https://assets-ir.tesla.com/tesla-contents/IR/TSLA-Q1-2026-Update.pdf">2026 first-quarter financial earnings today</a>, providing another look at the progress of Elon Musk's $1 trillion bet to transform his company into a leader of AI and robotics.</p>
<p class="has-text-align-none">Tesla said it earned $477 million in net income on $22.4 billion in revenue in the quarter that ended in April 2026. That's a 16 percent increase in revenue and a 17 percent increase in profits over the first quarter of 2025, when the company earned $409 million in net income on $19.3 billion in revenue. Tesla missed revenue expectations from Wall Street, which assumed approximately $22.64 billion in revenue.</p>
<p class="has-text-align-none">As part of the earnings update deck, Tesl …</p>
<p><a href="https://www.theverge.com/transportation/915217/tesla-q1-2026-earnings-profit-revenue">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Andrew J. Hawkins</name>
			</author>
			
			<title type="html"><![CDATA[BMW’s flagship 7 Series gets its ‘Neue Klasse’ upgrade]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/915630/bmw-7-series-neue-klasse-range-price-specs" />
			<id>https://www.theverge.com/?p=915630</id>
			<updated>2026-04-22T08:19:30-04:00</updated>
			<published>2026-04-22T09:00:00-04:00</published>
			<category scheme="https://www.theverge.com" term="BMW" /><category scheme="https://www.theverge.com" term="Cars" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[Ever since BMW first announced its "Neue Klasse" next-generation electric vehicle architecture and design language way back in 2021, the question on many fans' minds was when the new technology would reach the automaker's flagship 7 Series. Well, that moment has finally arrived. Today, at events in New York City and Beijing, BMW unveiled its [&#8230;]]]></summary>
			
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<figure>

<img alt="" data-caption="" data-portal-copyright="" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/04/01_0033.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">Ever since BMW first announced its "Neue Klasse" next-generation electric vehicle architecture and design language way back in 2021, the question on many fans' minds was when the new technology would reach the automaker's flagship 7 Series.</p>
<p class="has-text-align-none">Well, that moment has finally arrived. Today, at events in New York City and Beijing, BMW unveiled its new 7 Series on the Neue Klasse platform. And while some of the styling choices remain polarizing, the power and technology riding under the surface is sure to give these $100,000-plus machines a strong selling point. Simply put, BMW wants to transform its decades-old advertising slogan as "the Ultimate …</p>
<p><a href="https://www.theverge.com/transportation/915630/bmw-7-series-neue-klasse-range-price-specs">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Andrew J. Hawkins</name>
			</author>
			
			<title type="html"><![CDATA[Mercedes’ first all-electric C-Class is its sportiest one yet]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/914951/mercedes-benz-c-class-ev-electric-range-specs" />
			<id>https://www.theverge.com/?p=914951</id>
			<updated>2026-04-20T14:35:57-04:00</updated>
			<published>2026-04-20T14:35:57-04:00</published>
			<category scheme="https://www.theverge.com" term="Cars" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="Mercedes-Benz" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[The Mercedes-Benz C-Class, typically a benchmark in luxury compact sedans, now gets an all-important electric variant. The new C 400 4MATIC is built on an 800-volt architecture designed for efficiency and long-distance travel. Its estimated range is up to 762 kilometers (473 miles) on the WLTP cycle. And Mercedes boasts that it's the "sportiest C-Class [&#8230;]]]></summary>
			
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<figure>

<img alt="" data-caption="" data-portal-copyright="Image: Mercedes-Benz" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/04/26C0062_050.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
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<p class="has-text-align-none"><a href="https://media.mercedes-benz.com/en/article/894ad457-8ac7-4151-93ba-363c795c9f6f">The Mercedes-Benz C-Class</a>, typically a benchmark in luxury compact sedans, now gets an all-important electric variant. The new C 400 4MATIC is built on an 800-volt architecture designed for efficiency and long-distance travel. Its estimated range is up to 762 kilometers (473 miles) on the WLTP cycle. And Mercedes boasts that it's the "sportiest C-Class ever" but also "smooth like an S-Class."</p>
<p class="has-text-align-none">While Mercedes-Benz has a long history of releasing EVs under its "EQ" branding, the current C-Class is only available in a gas, mild-hybrid, and plug-in hybrid powertrain. So this marks the first time that the C-Class nameplate has been affixed to a p …</p>
<p><a href="https://www.theverge.com/transportation/914951/mercedes-benz-c-class-ev-electric-range-specs">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Andrew J. Hawkins</name>
			</author>
			
			<title type="html"><![CDATA[Tesla launches robotaxis in Dallas and Houston, and oops, it’s already unavailable]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/914823/tesla-robotaxi-houston-dallas-unavailable" />
			<id>https://www.theverge.com/?p=914823</id>
			<updated>2026-04-20T11:06:55-04:00</updated>
			<published>2026-04-20T11:06:55-04:00</published>
			<category scheme="https://www.theverge.com" term="Autonomous Cars" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tesla" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[Tesla claims to have launched a robotaxi service in Dallas and Houston over the weekend, but so far, online crowdsourcing tools indicate that very few cars are actually available. On Saturday, @TeslaRobotaxi posted a 14-second video of a Model Y vehicle driving without any human safety monitor in the front seats. Elon Musk re-posted the [&#8230;]]]></summary>
			
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<figure>

<img alt="Tesla Robotaxi on a graphic purple background." data-caption="" data-portal-copyright="Image: Cath Virginia / The Verge, Tesla" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/09/STKE001_STK086_Tesla_Robotaxi_3_D.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
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<p class="has-text-align-none">Tesla claims to have launched a robotaxi service in Dallas and Houston over the weekend, but so far, online crowdsourcing tools indicate that very few cars are actually available. </p>
<p class="has-text-align-none">On Saturday, @TeslaRobotaxi posted a 14-second video of a Model Y vehicle driving <a href="https://www.theverge.com/transportation/804972/tesla-robotaxi-safety-monitor-remove-austin-musk">without any human safety monitor in the front seats</a>. Elon Musk re-posted the video, adding, "Try Tesla Robotaxi in Dallas &amp; Houston!" </p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-dnt="true"><p lang="en" dir="ltr">Try Tesla Robotaxi in Dallas &amp; Houston! <a href="https://t.co/K6Ss0S7v4k">https://t.co/K6Ss0S7v4k</a></p>- Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/2045572944420901265?ref_src=twsrc%5Etfw">April 18, 2026</a></blockquote>
</div></figure>
<p class="has-text-align-none">But as of Sunday evening, the service appeared to be largely unavailable, according to <a href="https://robotaxitracker.com/?provider=tesla&amp;area=dallas">Robotaxi Tracker</a>, an online data site that tracks autonom …</p>
<p><a href="https://www.theverge.com/transportation/914823/tesla-robotaxi-houston-dallas-unavailable">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Andrew J. Hawkins</name>
			</author>
			
			<title type="html"><![CDATA[Ford’s EV and software chief Doug Field is leaving the company]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/912647/ford-doug-field-leaving-ev-software" />
			<id>https://www.theverge.com/?p=912647</id>
			<updated>2026-04-15T17:12:05-04:00</updated>
			<published>2026-04-15T16:05:00-04:00</published>
			<category scheme="https://www.theverge.com" term="Cars" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="Ford" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[Ford is shaking things up as it relates to its EV and software teams. Doug Field, who left Apple five years ago to helm Ford's multibillion-dollar bet on electric vehicles and software, is stepping down next month. Getting a promotion will be Alan Clarke, the ex-Tesla engineer who now leads Ford's California-based skunkworks lab. Clarke's [&#8230;]]]></summary>
			
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<figure>

<img alt="image of Ford’s Doug Field" data-caption="" data-portal-copyright="Image: The Verge, Ford" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/05/Vrg_illo_Doug_field_ford.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">Ford is shaking things up as it relates to its EV and software teams. Doug Field, <a href="https://www.theverge.com/2021/9/7/22661291/apple-car-chief-ford-doug-field">who left Apple five years ago</a> to helm Ford's multibillion-dollar bet on electric vehicles and software, is stepping down next month. Getting a promotion will be Alan Clarke, the ex-Tesla engineer who now leads Ford's California-based skunkworks lab. Clarke's new title will be vice president of advanced development projects, and he will continue to helm the effort to develop <a href="https://www.theverge.com/transportation/879975/ford-universal-ev-platform-skunkworks-aero-battery-range">Ford's Universal Electric Vehicle (UEV) Platform</a>.</p>
<p class="has-text-align-none">The shake-up comes less five months after <a href="https://www.theverge.com/news/844813/ford-hybrid-erev-f150-energy-storage-jobs">Ford announced a massive $19.5 billion writedown</a> on its EV investment, as well as the discontinua …</p>
<p><a href="https://www.theverge.com/transportation/912647/ford-doug-field-leaving-ev-software">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Andrew J. Hawkins</name>
			</author>
			
			<title type="html"><![CDATA[Most people still don’t want anything to do with robotaxis]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/912357/robotaxi-poll-ev-intelligence-report-waymo-tesla" />
			<id>https://www.theverge.com/?p=912357</id>
			<updated>2026-04-20T16:05:13-04:00</updated>
			<published>2026-04-15T12:27:56-04:00</published>
			<category scheme="https://www.theverge.com" term="Autonomous Cars" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Tesla" /><category scheme="https://www.theverge.com" term="Transportation" /><category scheme="https://www.theverge.com" term="Waymo" />
							<summary type="html"><![CDATA[I've been reporting on self-driving cars for over a decade, and I've seen the technology go through many ups and downs, highs and lows. But one thing has remained remarkably the same over the years: the public just ain't buying it. Poll after poll has revealed a deep and abiding skepticism toward autonomous vehicles. People [&#8230;]]]></summary>
			
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<figure>

<img alt="Waymo autonomous vehicle" data-caption="" data-portal-copyright="Cath Virginia / The Verge | Photo from Getty Images" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2025/01/STK418_Autonomous_Vehicles_Cvirginia_A.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">I've been reporting on self-driving cars for over a decade, and I've seen the technology go through many ups and downs, highs and lows. But one thing has remained remarkably the same over the years: the public just ain't buying it. </p>
<p class="has-text-align-none">Poll after poll has revealed a deep and abiding skepticism toward autonomous vehicles. People don't trust the technology, don't want to ride in cars without human drivers - even when the <a href="https://www.theverge.com/transportation/896837/waymo-170-million-miles-safety-crashes-injuries">evidence suggests the vehicle could be much safer than a human driver</a>. Sure, robotaxis are operating in about a dozen cities now, and companies like Waymo don't seem to have any problems finding customers. But when you expand th …</p>
<p><a href="https://www.theverge.com/transportation/912357/robotaxi-poll-ev-intelligence-report-waymo-tesla">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Andrew J. Hawkins</name>
			</author>
			
			<title type="html"><![CDATA[Lucid sells more robotaxis to Uber, appoints a new CEO]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/911628/lucid-uber-robotaxi-nuro-ceo-saudi-arabia" />
			<id>https://www.theverge.com/?p=911628</id>
			<updated>2026-04-14T10:21:01-04:00</updated>
			<published>2026-04-14T10:17:13-04:00</published>
			<category scheme="https://www.theverge.com" term="Autonomous Cars" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[Lucid is making some changes. The luxury EV company said Tuesday that it was expanding its robotaxi deal with Uber - and nabbing some additional investment cash in the process. And it's naming a new CEO who hails not from the world of electric vehicles, but from a company that manufactures a different kind of [&#8230;]]]></summary>
			
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<img alt="Uber Lucid robotaxi" data-caption="Lucid and Nuro executives hailing an Uber robotaxi. | Image: Nuro" data-portal-copyright="Image: Nuro" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/04/Exiting-Vehicle.avif?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
	<figcaption>
	Lucid and Nuro executives hailing an Uber robotaxi. | Image: Nuro	</figcaption>
</figure>
<p class="has-text-align-none">Lucid is making some changes. The luxury EV company said Tuesday that it was <a href="https://www.theverge.com/news/708479/uber-lucid-nuro-robotaxi-deal-investment">expanding its robotaxi deal</a> with Uber - and nabbing some additional investment cash in the process. And it's naming a new CEO who hails not from the world of electric vehicles, but from a company that manufactures a different kind of mobility device: elevators, escalators, and moving walkways. </p>
<p class="has-text-align-none">First, Lucid said that Uber is increasing the number of Lucid Gravity SUVs it is purchasing, from 20,000 to 35,000, for its robotaxi fleet. If you'll recall, last year, Lucid, Uber, and autonomous delivery startup Nuro <a href="https://www.theverge.com/news/708479/uber-lucid-nuro-robotaxi-deal-investment">announced a massive robotaxi deal</a> that would see the dep …</p>
<p><a href="https://www.theverge.com/transportation/911628/lucid-uber-robotaxi-nuro-ceo-saudi-arabia">Read the full story at The Verge.</a></p>
						]]>
									</content>
			
					</entry>
			<entry>
			
			<author>
				<name>Andrew J. Hawkins</name>
			</author>
			
			<title type="html"><![CDATA[The Mercedes EQS returns with massive range and charging gains]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/911196/mercedes-benz-eqs-ev-range-battery-charging-2027" />
			<id>https://www.theverge.com/?p=911196</id>
			<updated>2026-04-13T16:10:58-04:00</updated>
			<published>2026-04-13T18:01:00-04:00</published>
			<category scheme="https://www.theverge.com" term="Cars" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="Mercedes-Benz" /><category scheme="https://www.theverge.com" term="News" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[A year ago, Mercedes-Benz did the prudent thing and paused its EQ lineup of electric vehicles in the US. With customer demand drying up for luxury EVs, and federal incentives getting axed by vengeful Republicans, Mercedes put its first-generation EVs on ice. But then, in January, Mercedes quietly reintroduced the EQS brand in the US, [&#8230;]]]></summary>
			
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<img alt="Mercedes EQS sedan" data-caption="" data-portal-copyright="Image: Mercedes-Benz" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/04/pre-media-26c0110_003.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none">A year ago, Mercedes-Benz did the prudent thing and paused its EQ lineup of electric vehicles in the US. With customer demand drying up for luxury EVs, and federal incentives getting axed by vengeful Republicans, Mercedes put its first-generation EVs on ice.</p>
<p class="has-text-align-none">But then, in January, Mercedes quietly reintroduced the EQS brand in the US, <a href="https://www.thedrive.com/news/the-blob-is-back-mercedes-quietly-relaunched-its-eq-electric-car-lineup">with <em>The Drive</em> declaring</a> that the "blobs are back" - a reference to the sedan's much-maligned jelly-bean shape that prioritized aerodynamics over a more traditional profile. But we didn't yet realize how back the EQS truly was.</p>
<p class="has-text-align-none">Today, Mercedes is reintroducing its electric sedan to a wary, cash-strapped market …</p>
<p><a href="https://www.theverge.com/transportation/911196/mercedes-benz-eqs-ev-range-battery-charging-2027">Read the full story at The Verge.</a></p>
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			<author>
				<name>Andrew J. Hawkins</name>
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			<title type="html"><![CDATA[Slate raises $650 million to make its budget electric truck]]></title>
			<link rel="alternate" type="text/html" href="https://www.theverge.com/transportation/911085/slate-truck-ev-fundraise-twg-global-bezos" />
			<id>https://www.theverge.com/?p=911085</id>
			<updated>2026-04-13T12:38:31-04:00</updated>
			<published>2026-04-13T11:45:46-04:00</published>
			<category scheme="https://www.theverge.com" term="Business" /><category scheme="https://www.theverge.com" term="Electric Cars" /><category scheme="https://www.theverge.com" term="Transportation" />
							<summary type="html"><![CDATA[Slate Auto, the EV startup backed by Jeff Bezos, raised $650 million to fund its effort to build an affordable electric pickup truck expected to start in the mid-$20,000s. The company plans on delivering its first EV later this year. The Series C round was led by TWG Global, headed by Guggenheim Partners founder and [&#8230;]]]></summary>
			
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<img alt="Slate truck" data-caption="" data-portal-copyright="Image: Owen Grove / The Verge" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/04/Slate-Truck-5.png?quality=90&#038;strip=all&#038;crop=0,0,100,100" />
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<p class="has-text-align-none"><a href="https://www.theverge.com/electric-cars/655527/slate-electric-truck-price-paint-radio-bezos">Slate Auto</a>, the EV startup backed by Jeff Bezos, raised $650 million to fund its effort to build an affordable electric pickup truck expected to start in the mid-$20,000s. The company plans on delivering its first EV later this year. </p>
<p class="has-text-align-none">The Series C round was led by TWG Global, headed by Guggenheim Partners founder and LA Dodgers owner Mark Walter and financier Thomas Tull. Slate didn't disclose its latest investors, but both Walter and Tull were investors in Re:Build Manufacturing, a Bezos-owned company <a href="https://techcrunch.com/2025/04/08/inside-the-ev-startup-secretly-backed-by-jeff-bezos/">from which Slate spun off last year</a>. The company also didn't disclose its latest valuation, but was at $1.2 billion as of January 2025, <a href="https://www.bloomberg.com/news/articles/2026-04-13/bezos-backed-ev-truck-startup-slate-auto-raises-650-million?taid=69dcdb8fd3f1550001a859b8&amp;utm_campaign=trueanthem&amp;utm_content=business&amp;utm_medium=social&amp;utm_source=twitter">acco …</a></p>
<p><a href="https://www.theverge.com/transportation/911085/slate-truck-ev-fundraise-twg-global-bezos">Read the full story at The Verge.</a></p>
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