Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Mercedes Benz has built a new all-electric sports utility vehicle, and this was launched on Tuesday, April 19. The German luxury automaker’s new EQS SUV was entirely built in the United States.
Mercedes Benz’s EQS electric SUV car units will be made in the U.S. and will officially go on sale in the coming autumn or in the last quarter of this year. This is the company’s second electric vehicle which follows its EQC model.
According to Reuters, the carmaker will start the full production of its new EQS model in its Tuscaloosa, Alabama, manufacturing plant. Once the SUVs are ready, they are expected to make their way in the American and Canadian vehicle markets.
Britta Seeger, Mercedes Benz’s sales chief, also said that the EQS electric vehicles would also be released in Europe before this year ends. The car brand did not say how much its new SUV is going to cost, but it could be around the six-digit range as its existing EQS electric sedan that was released in 2021 is currently being sold for $103,000 in the U.S.
In any case, the firm was able to sell 21,900 units of its all-electric vehicles around the world within just the first quarter of 2022. This is said to be three times more compared to the number it sold last year in the same period.
Mercedes-Benz’s upcoming ECQ SUV will have a seating capacity of seven. Its interior is tech-savvy and has three screens that almost cover the whole instrument panel.
Moreover, the SUV features a single 56-inch curved glass surface that covers the screens. It was also said to be taller and expected to go head to head with Tesla’s Model X and BMW iX vehicles.
“With the luxury saloon EQS and the sporty executive saloon EQE, Mercedes-Benz has entered a new, all-electric era in the upper market segments as well,” Mercedes Benz stated in a press release. “The EQS SUV, the third model series with this architecture developed for electric vehicles, will soon follow.”
The company added, “The SUV offers plenty of space, comfort, and connectivity for up to seven passengers in its avant-garde, luxurious interior. Thanks to powerful electric motors, responsive 4MATIC all-wheel drive, and an intelligent OFFROAD driving mode, the EQS SUV is also capable of tackling light terrain with ease.
