Poor sales of the current generation of top-spec EVs prompted the German automaker to cut back on investments. The two flagships will still stick around, however.
Mercedes-Benz has reportedly canceled the next-generation platform designed specifically for the successors of the EQS and EQE due to the poor sales of the current-gen models, German publication Handelsblatt reported, quoted by Autocar. The new platform, dubbed MB.EA Large, was supposed to be launched in 2028. Its cancelation will save Mercedes-Benz an estimated $4.3 billion to $6.5 billion in development and retooling costs, according to four insiders with knowledge of the matter.
5% decline in U.S.-market sales for Mercedes-Benz compared to the same period last year, resulting in only 8,336 units. The MB.EA Large platform was one of two MB.EA platforms, the other one being MB.EA Medium, which is still in development and will be used for the next-gen EQC sedan and SUV. Or C-Class with EQ Technology, as the company recently changed its naming structure for battery-powered cars.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Future Mercedes-Benz EVs to adopt traditional design cuesBrand's head of design wants to 'join together' electric and combustion cars as customers "get used" to EVs
Read more »
Mercedes-Benz Electric Car Sales Weakened In Q1 2024In Q1, all-electric car sales of Mercedes-Benz and Smart (an electric-only brand) amounted to roughly 47,500 (down 8% year-over-year).
Read more »
Fox News Cherrypicks Old EVs to Represent The “Foolish” Nature Of All EVsClean Tech News & Views: EVs, Solar Energy, Batteries
Read more »
Mercedes-Benz Backs Away from Electric Vehicles amid Weak SalesSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
9 Fascinating Facts You Didn’t Know About Mercedes-BenzFrom the world’s first automobile to the most expensive car ever sold, automotive history has largely been defined by Mercedes.
Read more »
Mercedes Axes Plans For Range-Extender EVs After EQS Test With 1.0-Liter 2-CylinderThe carmaker's range-extended EQS would have had a significantly longer range than the EV
Read more »