Mercedes-Benz to launch three EVs in 2022, aiming to capture Indian luxury EV segment: Report

Mercedes-Benz to Launch Three EVs in 2022, Aims to Capture Indian Luxury EV Segment: Report

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

The Stuttgart-based carmaker aims to increase sales of electric vehicles in India by 25 percent. report good by Reuters. As per the report, Mercedes-Benz plans to launch three new EV models in the country this year, starting with the all-new AMG EQS 53 and the electric version of the S-Class EQS sedan. While the former will be imported, the latter will be assembled in the country, according to the report, which states that the Form will also import a people carrier.

Mercedes-Benz will also install 140 charging stations across the country, with fast charging that is claimed to charge the battery to 80 percent in 40 minutes, company chief Martin Schwenk told Reuters, adding that the firm would go on sale if the sale takes place. The country may consider making EV batteries locally. increased to ‘thousands’.

Mercedes-Benz AMG EQS 53 is the most expensive EV in India priced at Rs. 2.45 crores, and as per the report, offers a range of 580 kms per charge. However, the company’s locally assembled EVs can be launched at a lower cost, thanks to a 5 per cent tax on indigenously manufactured EVs.

According to the report, Tesla, which has stalled its plans to launch its EVs in the country due to CEO Elon Musk’s standoff with the government over a 100 percent tax on imported EVs, has a long road to catch up with Mercedes-Benz. Might be possible. ,


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