India’s largest luxury car maker, Mercedes-Benz, to double its EV fleet in the next 12 months

“We are very pleased with the growth of EVs in the Indian market. The focus is fully electric by 2030-32. – Matthias Luhrs, Head of Region Overseas, Mercedes-Benz AG

Mercedes-Benz plans to double its EV portfolio over the next 12 months

Mercedes-Benz, which is currently the largest luxury vehicle manufacturer in India, estimates that its EV portfolio will contribute at least 25 percent of sales by the year 2027. The luxury automaker projects an overall growth of 41 per cent in 2022 and targets to sell 18,000 units. of its German luxury bars in 2023.

The current EV portfolio comprises of four fully electric models: namely, EQB, EQC, EQS 580 and the EQS 53 AMG. EQS 580 is made in India while others are imported. All models have an average waiting period of three to six months. The Mercedes-Benz EQS range starts at Rs 77.19 lakh (ex-showroom) for the Mercedes-Benz EQB 300 electric SUV. The top-of-the-line offering is the S-Class like the Mercedes-Benz EQS 580 electric full-size sedan, priced at Rs 1.60 crore.

The luxury automaker is planning to launch the plug-in hybrid GT63 AMG e-Performance in a bid to maintain its overall carbon footprint.

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