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Mercedes-Benz to launch three EVs by 2022, aiming to dominate India’s luxury electric vehicle segment: Report


Mercedes-Benz is expected to launch three new electric vehicle (EV) models in the country this year, as the company aims to capture the luxury electric vehicle segment. The company also plans to set up a network of fast charging stations for electric vehicles across the country and wants to be the first to assemble luxury electric vehicles in India according to a report. The company is poised to take advantage of rival Tesla, whose CEO Elon Musk is currently baffling the government over high import taxes on its cars.

The Stuttgart-based carmaker aims to increase electric vehicle sales in India by 25%, according to a report by Reuters. Mercedes-Benz plans to launch three new EV models in the country this year, starting with electric versions of the new AMG EQS 53 and the S-Class EQS sedan, according to the report. While the first will be imported, the latter will be locally assembled, according to the report, which says the model will also import a passenger carrier.

Company head Martin Schwenk told Reuters that Mercedes-Benz will also set up 140 charging stations across the country with fast charging that can charge up to 80% of the battery in 40 minutes. increased by thousands.

The Mercedes-Benz AMG EQS 53 is India’s most expensive EV at Rs. 2.45 crore, and offers a range of 580 km per charge, according to the report. However, the company’s locally assembled EVs can hit the market at a lower price, thanks to a 5% tax on domestically produced EVs.

Teslaincluding pause electric vehicle launch plan in the country led by one CEO By Elon Musk According to the report, deadlocked with the government over imposing a 100% tax on imported electric vehicles, there may be a long way to go before catching up with Mercedes-Benz.




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