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. 

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