Mercedes-Benz India to Expand Electric Vehicle Lineup in Next 18-20 Months
EV Sales to Accelerate With More Products In 18-20 Months: Mercedes-Benz India Chief
Ndtv
Image: Ndtv
Mercedes-Benz India anticipates a significant increase in electric vehicle (EV) sales over the next 18-20 months, driven by new product launches, including the recently introduced CLA BEV. The company aims to enhance its EV portfolio, which currently contributes 6-8% to overall sales, with expectations for a more substantial impact as more models become available.
- 01Mercedes-Benz India expects EV sales to grow significantly in the next 18-20 months.
- 02The newly launched CLA BEV starts at ₹55 lakh (approximately $66,000 USD) and has received over 400 orders.
- 03Current EV sales contribute 6-8% to total sales, with expectations for growth as more models are introduced.
- 04The CLA BEV is the first EV in the entry segment for Mercedes-Benz in India.
- 05The company plans to introduce more than 40 global EV models, with many set to launch in India.
Advertisement
In-Article Ad
Mercedes-Benz India is poised for a significant acceleration in electric vehicle (EV) sales, with a range of new products expected to hit the market in the next 18-20 months. Santosh Iyer, the Managing Director & CEO, highlighted the recent launch of the CLA BEV, which starts at ₹55 lakh (approximately $66,000 USD) and has already garnered over 400 orders since bookings opened. Currently, EVs account for 6-8% of the company's total sales, but this is expected to rise as the full electric portfolio is rolled out. The CLA BEV marks the entry of Mercedes-Benz into the entry-level EV segment, filling a gap left by the previous EQA and EQB models. The company has ambitious plans, with over 40 new EV models globally, many of which will be introduced in India, laying a strong foundation for its long-term BEV strategy.
Advertisement
In-Article Ad
The expansion of the EV lineup will provide more options for consumers in India, potentially increasing the adoption of electric vehicles in the luxury segment.
Advertisement
In-Article Ad
Reader Poll
Are you considering purchasing an electric vehicle in the next year?
Connecting to poll...
More about Mercedes-Benz India
Read the original article
Visit the source for the complete story.