Mercedes Benz Electric vehicle sales: We examine electric vehicle sales and highlights from Mercedes-Benz CEO’s EV transition strategy.
Mercedes-Benz CEO Ola Kallenius discussed zero-emission transportation with CNBC. He stressed that this transformation is a marathon, not asprint.
He said this in recognition of the fact that most people will take some time to adopt the technology.
He highlighted the automotive industry’s challenges in transitioning to electric vehicles (EVs) by comparing it to being on the eighth or ninth kilometer of the journey.
This analogy emphasized the transition’s difficulty. Due to progress made, the current situation is like being on kilometer eight or nine of the voyage. This is due to the gains that have been made. Kallenius says Mercedes-Benz will keep
investing in low- or zero-emission vehicle research and development.
Customers have praised the firm’s EV models like EQA, EQB, and EQE SUV, and the company has responded accordingly. The Q2 financial report showed remarkable growth, with a profit before interest and taxes exceeding 5 billion euros ($5.48 billion). This was stated in the financial report. This is an 8% growth compared to the previous year.
Mercedes-Benz sold 61,211 battery electric vehicles in Q2, up from 31,259 in the same period last year. This suggests Mercedes-Benz is making progress in electric vehicles due to their efforts. The number of plug-in hybrid vehicles sold increased to 34,699 from 32,335, showing moderate industry growth. This increase occurred due to higher demand.
Kallenius says the company is focusing on new architectures to shape its electric strategy. This is from Kallenius. By donating billions, the company shows commitment to electric vehicle research and development.
Despite the EV push, Kallenius stressed the need for flexibility and balance in producing EVs and regular vehicles. The relevance was emphasized by him due to the increasing demand for electric cars.
The move to low- and zero-emission transportation is challenging for lawmakers and businesses, as most cars still use diesel or gasoline. Certain regions, like the UK, are already experiencing major changes. The first half of this year saw a record 170,231 UK electric cars produced. Plug-in hybrids, battery electric cars, and PHEVs are all examples in this category.