Stock Market News

EQ from Mercedes will not

2023.01.12 04:33


EQ from Mercedes will not
 
By Tiffany Smith

Budrigannews.com – According to company sources, German newspaper Handelsblatt reported on Thursday that Mercedes-Benz is planning to discontinue the EQ brand for battery-electric vehicles as soon as the next generation of compact cars, which are scheduled to go on sale at the end of 2024, are released.

According to sources cited by Handelsblatt, the decision is based on Chief Executive Ola Kaellenius’s focus on electric-only vehicles, rendering the EQ brand obsolete as Mercedes moves away from the combustion engine.

The first all-electric model series from the German automaker was announced in 2016 and is now sold under the EQ brand. The first model, the EQC electric SUV, will be released in 2019.

According to a spokesperson for Mercedes’ EQ products, the brand is a crucial component of the automobile manufacturer’s electromobility strategy.

“We will adapt the positioning of the vehicles and thus also the use of the brand in line with the times, with the goal of our parent brand Mercedes-Benz becoming fully electric by the end of the decade,” the spokesperson stated. “It is too early for details on this at the moment.”

More Signify gives gloomy forecasts for China

EQ from Mercedes will not

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 104,540.01 1.26%
ethereum
Ethereum (ETH) $ 2,513.29 1.17%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.37 1.67%
bnb
BNB (BNB) $ 654.14 0.14%
solana
Solana (SOL) $ 172.80 0.39%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.231707 0.80%
cardano
Cardano (ADA) $ 0.812248 0.21%
tron
TRON (TRX) $ 0.263271 0.74%
staked-ether
Lido Staked Ether (STETH) $ 2,510.61 1.20%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,562.02 1.32%
sui
Sui (SUI) $ 4.03 1.03%
chainlink
Chainlink (LINK) $ 16.93 1.41%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,017.70 1.09%
avalanche-2
Avalanche (AVAX) $ 24.84 1.43%
stellar
Stellar (XLM) $ 0.307539 0.62%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 0.61%
hedera-hashgraph
Hedera (HBAR) $ 0.206332 2.35%
the-open-network
Toncoin (TON) $ 3.38 0.26%
hyperliquid
Hyperliquid (HYPE) $ 24.92 1.10%
bitcoin-cash
Bitcoin Cash (BCH) $ 410.74 2.28%
polkadot
Polkadot (DOT) $ 5.13 1.26%
usds
USDS (USDS) $ 1.00 0.00%
pi-network
Pi Network (PI) $ 1.09 47.94%
leo-token
LEO Token (LEO) $ 8.37 1.76%
litecoin
Litecoin (LTC) $ 100.50 2.60%
weth
WETH (WETH) $ 2,512.92 1.11%
monero
Monero (XMR) $ 336.30 3.87%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,683.00 1.25%
pepe
Pepe (PEPE) $ 0.000014 4.07%
bitget-token
Bitget Token (BGB) $ 4.87 0.57%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.01%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 104,463.99 1.03%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
whitebit
WhiteBIT Coin (WBT) $ 30.12 0.04%
uniswap
Uniswap (UNI) $ 6.93 0.98%
bittensor
Bittensor (TAO) $ 455.22 1.30%
near
NEAR Protocol (NEAR) $ 3.17 3.58%
aptos
Aptos (APT) $ 5.89 1.94%
dai
Dai (DAI) $ 1.00 0.02%
aave
Aave (AAVE) $ 220.78 1.44%
okb
OKB (OKB) $ 55.11 0.32%
ondo-finance
Ondo (ONDO) $ 1.04 0.28%
kaspa
Kaspa (KAS) $ 0.117954 10.06%
internet-computer
Internet Computer (ICP) $ 5.71 3.08%
ethereum-classic
Ethereum Classic (ETC) $ 19.94 0.35%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
susds
sUSDS (SUSDS) $ 1.05 0.00%
crypto-com-chain
Cronos (CRO) $ 0.098674 1.81%