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

Latest news

Vijay Hazare trophy: Rohit Sharma smashes 155, enthralls 20,000 fans in Jaipur

Vijay Hazare trophy: Rohit Sharma smashes 155, enthralls 20,000 fans in Jaipur

India to get three new airlines as Shankh Air, Al Hind Air, FlyExpress receive NOC from government

India to get three new airlines as Shankh Air, Al Hind Air, FlyExpress receive NOC from government

Delhi HC directs GST Council to meet at earliest, consider lowering GST on air purifiers

Delhi HC directs GST Council to meet at earliest, consider lowering GST on air purifiers

Cabinet clears Delhi Metro Phase 5A project worth Rs 12,015 crore

Cabinet clears Delhi Metro Phase 5A project worth Rs 12,015 crore

Got apology from Bumrah & Pant; Conrad should've chosen better words: Bavuma reflects on India tour

Got apology from Bumrah & Pant; Conrad should've chosen better words: Bavuma reflects on India tour

Virat Kohli goes past Tendulkar to become fastest to 16000 List A runs

Virat Kohli goes past Tendulkar to become fastest to 16000 List A runs

Delhi HC expresses displeasure over no tax exemption on air purifiers in 'emergency situation'

Delhi HC expresses displeasure over no tax exemption on air purifiers in 'emergency situation'

Fadnavis mocks Sena (UBT)-MNS alliance, compares hype to Russia-Ukraine peace talks

Fadnavis mocks Sena (UBT)-MNS alliance, compares hype to Russia-Ukraine peace talks

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

German luxury carmaker Mercedes-Benz plans to launch four new electric vehicles in India in the next 8-12 months to accelerate its electric mobility drive

 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.

ADVERTISEMENT

Up Next

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

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

New Zealand commits USD 20 bn investment in India under FTA in 15 yrs; on lines of EFTA pact

New Zealand commits USD 20 bn investment in India under FTA in 15 yrs; on lines of EFTA pact

India, New Zealand conclude FTA talks; pact to offer duty-free access, USD 20 bn FDI

India, New Zealand conclude FTA talks; pact to offer duty-free access, USD 20 bn FDI

FTA with New Zealand to significantly deepen bilateral economic engagement: Govt

FTA with New Zealand to significantly deepen bilateral economic engagement: Govt

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

ADVERTISEMENT

editorji-whatsApp

More videos

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.