2027 Lexus RX Hybrid

Apartment and condo residents could get more places to plug in their EVs without their buildings needing a costly electrical upgrade. LAZ Parking and EverCharge are launching a charging service that shares available power among vehicles – an approach the companies say can support up to five times as many charging ports on the same power supply. The new service, LAZ Multifamily EV Charging Powered by EverCharge SmartPower, is available across LAZ’s US-wide footprint. EverCharge is a wholly owned subsidiary of indiGOtech, which goes by GO.

Tom started his career as a daily newspaper reporter in metro Detroit and after a decade changed course to cover cars, spending the next 25 years at Wards Automotive doing test drives, technology and supplier coverage, editing WardsAuto World magazine and managing the Wards 10 Best competitions for powertrains, then interiors, then the user experience. He became executive editor at Autoweek in 2022 and joined Valnet in 2025. At CarBuzz, he's returned to his roots: a reporter seeking out news and trends and telling stories, but with more experience. Tom's wife has been putting up with him since 1990, and they have two adult children. He runs half-marathons and plays guitar in a rock band with other Detroit auto writers, called the Exhaust Tones. General Motors is on track with the launch of its redesigned full-size 2027 Chevrolet Silverado and GMC Sierra pickup trucks, with production having started last week in Silao, Mexico. US production is coming, but the earliest deliveries will originate from south of the border.

Lexus is discontinuing the plug-in hybrid TX550h+ following the 2026 model year. The gas-powered TX350 and hybrid TX500h, pictured above, continue for 2027, with prices starting at $58,890 and $72,410, respectively. For 2027, Lexus is expanding the availability of the Matador Red Mica paint and simplifying the TX500h’s badging. Lexus launched the TX in 2024 as a mid-size three-row SUV to slot in between the RX and LX, and offered the TX with a gas-only powertrain along with two hybrids, one with a traditional setup and one with a more complex plug-in hybrid system. For 2027, Lexus is giving the TX a handful of small tweaks, but the biggest update is actually the disappearance of the TX550h+ plug-in hybrid. LexusThe TX’s PHEV model is officially being discontinued, Lexus has confirmed, with the 2026 model year being its last. Lexus didn’t provide a reason, but the evidence is pretty clear if you take a peek at the automaker’s sales charts. While Lexus sold 57,346 units of the TX in 2025, just 953 of those were the PHEV model, compared to 10,740 examples of the hybrid TX500h.

Tesla reports its third-quarter 2026 financial results tomorrow, October 21, after the market closes. The earnings call follows at 5:30 p.m. ET. Wall Street expects revenue to come in flat and earnings per share to drop 10% from a year ago, even though Tesla just beat its own delivery consensus by more than 24,000 vehicles.

Rivian is now the #2 EV brand in the US, up from 10th last year, taking GM’s spot as almost every other automaker tries to slow down the inevitable transition to electric cars. In the last year, the US electric car market has been… volatile, to say the least.

Siddharth is an alumnus of Coventry University, having completed MA Automotive Journalism and BA Journalism (Honours). Before CarBuzz, he wrote for Rush magazine for two years covering new car launches and in depth reviews, and has a passion for supercars and hypercars. Originally from India, he moved to the UK to pursue his dream of being an automotive journalist. Siddharth's passion for cars started by seeing tanks and armoured vehicles at a very young age as his father was in the army. His passion grew with Top Gear and it became a ritual to watch every night with dinner.