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) $ 82,113.00 2.30%
ethereum
Ethereum (ETH) $ 1,912.68 1.44%
tether
Tether (USDT) $ 0.999974 0.02%
xrp
XRP (XRP) $ 2.26 3.38%
bnb
BNB (BNB) $ 628.76 0.31%
solana
Solana (SOL) $ 124.65 3.47%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.693408 3.61%
dogecoin
Dogecoin (DOGE) $ 0.166448 4.60%
tron
TRON (TRX) $ 0.235824 7.29%
staked-ether
Lido Staked Ether (STETH) $ 1,911.06 1.37%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 81,949.96 2.25%
leo-token
LEO Token (LEO) $ 9.74 0.56%
the-open-network
Toncoin (TON) $ 3.58 3.10%
chainlink
Chainlink (LINK) $ 13.63 3.63%
usds
USDS (USDS) $ 1.00 0.00%
stellar
Stellar (XLM) $ 0.269541 1.48%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,287.86 1.54%
hedera-hashgraph
Hedera (HBAR) $ 0.185315 3.13%
pi-network
Pi Network (PI) $ 1.13 15.47%
avalanche-2
Avalanche (AVAX) $ 18.55 1.55%
shiba-inu
Shiba Inu (SHIB) $ 0.000012 4.61%
sui
Sui (SUI) $ 2.27 3.99%
mantra-dao
MANTRA (OM) $ 6.93 0.70%
polkadot
Polkadot (DOT) $ 4.42 0.06%
litecoin
Litecoin (LTC) $ 88.49 4.82%
bitcoin-cash
Bitcoin Cash (BCH) $ 334.37 1.16%
bitget-token
Bitget Token (BGB) $ 4.62 3.96%
ethena-usde
Ethena USDe (USDE) $ 0.999619 0.06%
weth
WETH (WETH) $ 1,912.26 1.42%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.10%
hyperliquid
Hyperliquid (HYPE) $ 13.88 3.08%
whitebit
WhiteBIT Coin (WBT) $ 28.13 1.32%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,030.94 1.41%
monero
Monero (XMR) $ 207.27 1.93%
uniswap
Uniswap (UNI) $ 6.30 0.62%
susds
sUSDS (SUSDS) $ 1.04 0.10%
dai
Dai (DAI) $ 0.999847 0.01%
aptos
Aptos (APT) $ 5.29 1.65%
okb
OKB (OKB) $ 50.70 0.98%
near
NEAR Protocol (NEAR) $ 2.53 4.72%
pepe
Pepe (PEPE) $ 0.000007 6.99%
internet-computer
Internet Computer (ICP) $ 5.75 4.14%
mantle
Mantle (MNT) $ 0.806831 1.44%
gatechain-token
Gate (GT) $ 21.80 0.86%
ethereum-classic
Ethereum Classic (ETC) $ 17.45 2.98%
tokenize-xchange
Tokenize Xchange (TKX) $ 32.95 1.98%
ondo-finance
Ondo (ONDO) $ 0.822338 5.31%
aave
Aave (AAVE) $ 169.03 3.65%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 82,095.00 2.40%