Mercedes-Benz all-electric car sales up 66% in Q3

London, 10 October 2023, (Oilandgaspress) – Mercedes-Benz Cars sales reached 510,600 units (-4%) in the third quarter, a solid performance in a volatile market. Volumes were impacted by a model changeover for the E-Class and a supply-chain bottleneck which constrained availability of the GLC. Sales of the Mercedes-Maybach rose by 26% during the same period. The transformation of Mercedes-Benz continues with hybrid and electric vehicles now accounting for 20% of overall sales and battery electric car (BEV) sales up 66% in the quarter. In the first nine months of the year, Mercedes-Benz Passenger Car battery-electric vehicle sales almost doubled (+97%) and Top-End vehicle sales rose 6%. Total sales reached 1,529,800 units (+2%) in the three quarters ending September, in line with the Mercedes-Benz Cars full-year guidance of keeping sales at the prior-year level.

Sales of Mercedes-Benz Cars battery electric vehicles (BEV) reached 61,600 units (+66%) in the third quarter, boosted by the EQA (+108%) and EQB (+96%) models, which remain strong sellers even ahead of their mid-lifecycle upgrades. The EQS and EQS SUV models continue to lead the electric luxury segment, with 26,300 (+53%) units sold year-to-date. Sales of the electric smart reached 3,900 units (+107%) in Q3. Including plug-in hybrids, xEV sales at Mercedes-Benz Passenger Cars increased by 19% to 98,400 units in the third quarter resulting in more than 1 million Mercedes-Benz electric and hybrid vehicles on the road. The company continues to expand charging options for its customers worldwide, installing its first own high-power charging stations this fall and by joining a new charging network joint venture across North America starting in 2024.Sales in the Top-End segment reached 246,500 units (+6%) in the first nine months of the year and 69,900 units in Q3 (-11%). Mercedes-AMG sales were impacted by model changeovers, in particular of the GLC. Mercedes-AMG BEV sales rose by 51% in the third quarter.

The G-Class once again proved its unique positioning in the market with Q3 sales up by 11% even ahead of a model makeover in 2024, Mercedes-Maybach sales were up by 26% to 6,600 units during the same period. Sales of the GLS SUV increased by 3% to 13,300 units in Q3 and the all-electric EQS SUV more than doubled sales to 3,700 units (+162%).

Sales overview

  Q3 2023 Q3 2022 Change in % YTD 2023 YTD2022 Change in %
Mercedes-Benz Cars  510,600  530,400 -4% 1,529,800 1,504,500 +2%
– thereof Mercedes-Benz BEVs  61,600 37,100 +66%  174,500  95,700 +82%
– thereof Mercedes-Benz P.C. BEVs  57,700  35,200 +64%  160,300  81,600 +97%
– thereof smart BEVs  3,900  1,900 +107%  14,200  14,100 +0%
 
Mercedes-Benz Cars sales by segments*
Top-End  69,900  78,800 -11%  246,500  232,400 +6%
Core  290,200  293,300 -1%  815,300  846,100 -4%
Entry  150,500  158,300 -5%  468,000  426,100 +10%
             
Mercedes-Benz Cars sales by regions and markets
Europe**  164,200  146,100 +12%  485,200  447,400 +8%
– thereof Germany  53,800  48,400 +11%  172,900  146,000 +18%
Asia  249,400  277,300 -10%  736,300  734,200 +0%
– thereof China  196,000  222,600 -12%  570,600  573,300 +0%
North America***  74,900  86,200 -13%  248,800  256,700 -3%
– thereof U.S.  64,000  74,900 -15%  216,700  222,900 -3%
Rest of World  22,000  20,700 +6%  59,500  66,300 -10%

* Top-End: Mercedes-AMG, Mercedes-Maybach, G-Class, S-Class, GLS, EQS and EQS SUV

* Core: All derivatives from C- and E-Class, incl. EQC, EQE and EQE SUV 

* Entry: All derivatives from A- and B-Class incl. EQA, EQB and smart 

** Europe: European Union, United Kingdom, Switzerland and Norway 

*** North America: USA, Canada and Mexico 

All figures rounded. 


Information Source: Read More

Energy Monitors , Electric Power , Natural Gas , Oil , Climate , Renewable , Wind , EV , LPG , Solar , Electric , Electric Vehicles, Hydrogen, Oil Price ,Crude Oil, Supply, Biomass , Sustainability,