Stock Market News

Mercedes-Benz launches second all-electric SUV

2022.04.19 13:36

Mercedes-Benz launches second all-electric SUV
FILE PHOTO: The steering wheel and one of the digital dashboards of the all-electric Mercedes-Benz EQS SUV is seen at the opening of a Mercedes-Benz electric vehicle Battery Factory, marking one of only seven locations producing batteries for their fully

BERLIN (Reuters) – Mercedes-Benz unveiled its EQS sport utility vehicle (SUV) on Tuesday, a 660 km (410-mile) range car that will be made in America and go on sale by autumn.

Production of the EQS, the premium carmaker’s second electric SUV after its EQC, will begin at its plant in Tuscaloosa, Alabama this year.

The United States and Canada are expected to be the main markets for the new vehicle, according to sales chief Britta Seeger, though it will also be launched in Europe before the end of the year.

Mercedes-Benz has not disclosed how much the new SUV will be sold for, though its existing EQS electric sedan starts at around $103,000 in the United States.

Three-quarters of new car sales in the U.S. market last year were trucks and SUVs, posing a challenge for carmakers seeking to reduce their carbon footprint while needing to satisfy customer demand for large vehicles.

In a bid to localise its production chain, Mercedes-Benz opened its first U.S. electric vehicle battery factory in Tuscaloosa in March.

The company sold 21,900 fully-electric vehicles worldwide in the first quarter of 2022, three times more than in the same period last year, even as overall deliveries across all vehicles fell 15%.

Just 2.3% of Mercedes-Benz’ car sales last year were battery-electric vehicles, rising to 11% including plug-in hybrids, which have both an engine and a battery.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 67,380.05 1.99%
ethereum
Ethereum (ETH) $ 2,677.28 1.36%
tether
Tether (USDT) $ 0.999666 0.04%
bnb
BNB (BNB) $ 597.82 0.44%
solana
Solana (SOL) $ 163.74 2.54%
usd-coin
USDC (USDC) $ 0.99967 0.06%
xrp
XRP (XRP) $ 0.544725 0.19%
staked-ether
Lido Staked Ether (STETH) $ 2,676.94 1.38%
dogecoin
Dogecoin (DOGE) $ 0.141905 1.88%
tron
TRON (TRX) $ 0.157416 0.44%
the-open-network
Toncoin (TON) $ 5.21 1.58%
cardano
Cardano (ADA) $ 0.357465 0.40%
avalanche-2
Avalanche (AVAX) $ 27.81 2.00%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,165.65 0.81%
shiba-inu
Shiba Inu (SHIB) $ 0.000018 2.01%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 67,357.05 1.78%
weth
WETH (WETH) $ 2,677.74 1.02%
chainlink
Chainlink (LINK) $ 11.63 1.54%
bitcoin-cash
Bitcoin Cash (BCH) $ 362.52 1.55%
polkadot
Polkadot (DOT) $ 4.39 2.80%
near
NEAR Protocol (NEAR) $ 4.81 2.48%
dai
Dai (DAI) $ 0.999816 0.04%
uniswap
Uniswap (UNI) $ 7.50 2.80%
sui
Sui (SUI) $ 2.03 3.88%
leo-token
LEO Token (LEO) $ 6.05 0.50%
litecoin
Litecoin (LTC) $ 71.61 4.91%
aptos
Aptos (APT) $ 10.04 1.03%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,813.33 1.30%
pepe
Pepe (PEPE) $ 0.00001 1.98%
bittensor
Bittensor (TAO) $ 550.11 6.45%
internet-computer
Internet Computer (ICP) $ 7.97 3.88%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.38 3.71%
kaspa
Kaspa (KAS) $ 0.129854 1.08%
ethereum-classic
Ethereum Classic (ETC) $ 19.56 3.25%
monero
Monero (XMR) $ 155.59 3.36%
stellar
Stellar (XLM) $ 0.095729 1.57%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.371967 2.21%
blockstack
Stacks (STX) $ 1.83 3.32%
first-digital-usd
First Digital USD (FDUSD) $ 0.999205 0.33%
immutable-x
Immutable (IMX) $ 1.58 4.87%
whitebit
WhiteBIT Coin (WBT) $ 17.81 0.43%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
dogwifcoin
dogwifhat (WIF) $ 2.53 4.33%
okb
OKB (OKB) $ 40.34 0.11%
arbitrum
Arbitrum (ARB) $ 0.586305 4.58%
aave
Aave (AAVE) $ 152.60 4.68%
filecoin
Filecoin (FIL) $ 3.83 3.00%
optimism
Optimism (OP) $ 1.73 4.15%
fantom
Fantom (FTM) $ 0.747404 0.58%
crypto-com-chain
Cronos (CRO) $ 0.077436 1.88%