Mercedes-Benz Debuts Its First All-Electric Luxury Sedan—Setting Its Sights on Tesla. On April 15, in a star-studded livestream featuring Alicia Keys and James Cameron, Mercedes-Benz unveiled its first dedicated all-electric vehicle for the U.S. market. The 2022 EQS is a full-size, five-door car meant to compete directly against the Tesla Model S in the six-figure luxury electric sedan market.

Two versions of the EQS will be available at launch: The EQS450 makes 329 horsepower and will start at an estimated price of under $100,000; the up-powered EQS580 will make 516 horsepower and will start at around $115,000. Both models will be available with either rear wheel drive or Mercedes's 4Matic all-wheel-drive system. The most powerful of these models will be able to accelerate from zero to 60 in just over four seconds, and will have a range of around 350 miles. (EPA testing has not been completed yet).

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Keith Parnell, CMO