Highlights

  • Mercedes-Benz plans to launch 4 EVs in India
  • EVs to come in the next 8-12 months
  • The company expects 25% of sales in India to come from EVs by 2027

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 Mercedes-Benz plans to launch 4 EVs in 8-12 months in India

German luxury automaker Mercedes-Benz plans to introduce four new electric cars in India over the next eight to twelve months, this is with regard to accelerate its electric mobility drive in India.

"We are very happy with the development of our EVs (electric vehicles) here in the Indian market with (models such as) the EQS and the EQB. We'll have four more vehicles coming in," Luehrs told reporters here in an interaction.

The company currently sells four luxury electric vehicle models -- EQS, EQB, EQC and EQS AMG -- in the Indian market.

On the sales expectation from the EV portfolio in India, Luehrs said, "We will have 25 per cent (of total sales), that's our planning assumption, of electric vehicles in the next four years." At present, sales of EVs account for around 3 per cent of the company's total sales in India.

Last year, Mercedes-Benz India posted a 41 per cent growth in its total sales with a record 15,822 units as compared to 11,242 units sold a year ago. Its previous best sales were achieved in 2018 at 15,583 units.

On being asked when the new four EV models would be launched, Mercedes-Benz India Managing Director & CEO Santosh Iyer said it would be in the next 8-12 months, as a combination of import of completely built units and import of completely knocked down units assembled at the company's Chakan plant.

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