Mercedes-Benz Worldwide

Menu
  • News
  • A-Class
  • B-Class
  • C-Class
  • E-Class
  • S-Class
  • G-Class
  • V-Class
  • X-Class
  • T-Class
  • CLA
  • CLS
  • CLK
  • GLA
  • GLB
  • GLC
  • GLE
  • GLS
  • SL
  • SLC
  • Citan
  • Sprinter
  • AMG GT
  • Maybach
  • EQ
  • Unimog
  • Trucks
  • F1
  • Concept Car

Mercedes-Benz EQE Has Profit Margin Equal To E-Class

Mercedes-Benz | Mercedes-AMG 28/07/2022 9 Comments
Mercedes-Benz | Mercedes-AMG
Click to rate this post
[Total: 1 Average: 5]

Mercedes-Benz’s push into battery-electric vehicles is beginning to show results. On the company’s results call today, Mercedes CFO Harald Wilhelm revealed that the EQE has a profit margin equal to the ICE-powered E-Class.
 

Wilhelm said, “At this point the EQE margin is at the point of the E-Class margin,” according to Automotive News Europe. Wilhelm added that the EQE might even be ahead of the E-Class.
 
It’s worth noting that there is a sizable price difference between the two, with the E-Class starting at $55,000 in the US. Mercedes hasn’t revealed EQE pricing for North America, but it starts at about €70,000 ($70,800) in Europe – a $16,000 price difference that’s likely helping the EQE match its ICE equivalent.
 
While that’s good news for the EQE, the larger EQS isn’t doing as well. Wilhelm said that margins for the luxury EV sedan trail the S-Class, but the numbers are improving, with the EQE not far from its ICE sibling.
 

Mercedes has no plans of slowing down its EV assault. The company plans to increase BEV sales over plug-in hybrids in the year’s second half. During the call, Mercedes CEO Ola Kallenius said that he wants 50 percent of the company’s electrified car sales to be BEVs, prioritizing them over plug-in hybrids. The new EQE and the EQS SUV will assist the company in achieving that goal.
 
Battery-electric vehicles still have hurdles to overcome before mass adoption happens. One is cost. Not only have EVs been expensive for consumers to buy, but they have also been expensive for automakers to produce. Production costs and prices are falling, and profit margins are rising as a result.
 
BEVs are still years away from reaching cost parity with ICE vehicles, but the gap is narrowing. Some automakers believe cost parity is just a few years away, while others predict that equality between the two will happen in the decade’s second half. Both costs and prices are falling, which should be a big win for consumers.

Share this ↓

Related posts :

  1. Mercedes-Benz EQE Will Be Smaller Than The E-Class
  2. Mercedes-Benz E-Class History More Than 100 Years
  3. 2023 Mercedes-Benz E-Class You Need To Know
  4. 2022 Mercedes-Benz E-Class Review
  5. Mercedes-Benz EQE Review By Mat Watson From Carwow
  6. Mercedes-Benz 240 D Looks Factory Fresh For Sale
  7. Mercedes-Benz EQE UK Version Specs & Pictures
  8. Mercedes-Benz EQE Filmed Commercial In Ukraine During War
  9. Mercedes-Benz EQE Recalled Due To Steering Issues
  10. Mercedes-Benz EQE 350+ From 75,061 Euro
  11. Mercedes-Benz EQE Sedan First Impressions
  12. 2022 Mercedes E-Class Latest Victim Of Ongoing Chip Shortage
  13. Mercedes E-Class Sedan Can No Longer Be Ordered
  14. Mercedes-Benz EQE 350 Review
  15. W214 Mercedes-Benz E-Class Plug-In Hybrid Relocated Charging Port
  16. Mercedes-Benz EQE Spotted On The Road In California
  17. Mercedes-Benz EQE New Spy Photos
  18. Mercedes-Benz EQE Spied With Tall Suspension Settings
  19. Mercedes-Benz EQE V295 On Snowy Road
  20. Mercedes-Benz 500 E The Best Car With The Three Pointed Star
Prev Article
Next Article

9 Comments

    « Older Comments
  1. strap on sets

    I really like your blog.. very nice colors & theme. Did you design this website yourself or did you hire someone to do it for you? Plz answer back as I’m looking to construct my own blog and would like to find out where u got this from. many thanks

    01/04/2023
  2. « Older Comments

Leave a Reply

Cancel reply

Google Translate

Recent Posts

  • Mercedes-Maybach EQS SUV To Be Revealed 17 April
  • 2023 Mercedes-Benz GLC 300 4MATIC Expensive But Also Good
  • 2023 Mercedes-Benz C 200 Sedan Road Tested
  • Mercedes-AMG Hammer V8 Wide-Body Coupe Gathering Dust For 17 Years
  • Mercedes-AMG G 63 4×4 Snow-White Upgraded With A Brabus Front End
  • Mercedes-AMG SL 63 Roadster Lowered On Vossen Forged S17-04
  • Mercedes-AMG CLE 63 Coupe Can’t Hide Quad Exhaust
  • Mercedes-Benz CLA EV To Rival Tesla Model 3 With 350-kW Charging
  • Mercedes EQG Ditched The G-Class Signature Spare Tire Cover
  • Mercedes-Benz S 580 W223 Mariani A Murdered-Out Look
  • Mercedes G-Class Puch 230GE 4×4 By Cars & Bids
  • Mercedes-Benz EQB 350 4MATIC Road Tested
  • Mercedes-AMG GT Black Series With A Little Over 1,700 Examples Reportedly Made
  • Mercedes-AMG GT 63 S Outrageous Dark Sea Wrapped With The Topcar Design Kit
  • Mercedes-Benz ESF 22 Prototype Predicted The Future
  • 2023 Mercedes-Benz A 200 Review Test Drive
  • Mercedes-Benz EQS SUV Electric Luxo-Barge
  • 2023 Mercedes-AMG GLA 45 S VATH Power Boost To 490HP
  • Mercedes-Benz GLE Models Have Leaky A/C Hoses That May Cause Short Circuits
  • Mercedes EQG EV Breaks Down At The Nurburgring While Testing

Categories

  • A-Class
  • AMG GT
  • B-Class
  • C-Class
  • Citan
  • CLA
  • CLK
  • CLS
  • Concept Car
  • E-Class
  • EQ
  • F1
  • G-Class
  • GLA
  • GLB
  • GLC
  • GLE
  • GLS
  • Maybach
  • News
  • S-Class
  • SL
  • SLC
  • Sprinter
  • T-Class
  • Trucks
  • Unimog
  • V-Class
  • X-Class

Mercedes-Benz Worldwide

Copyright © 2023 Mercedes-Benz Worldwide