Sales of all Mercedes EV models fell sharply in 2024, with the EQS sedan and SUV experiencing a staggering 52% drop, highlighting intensified market competition.
Despite its luxurious badge, the demand for Mercedes EQ models waned in the U.S. due to increased competition, with buyers leaning towards hybrids or plug-in hybrids.
Mercedes plans to unveil an all-new CLA model, aiming to attract new EV buyers after witnessing a notable decline in its current electric vehicle sales.
While overall EV sales dropped, there was a significant increase of 470% in the sales of plug-in hybrids, indicating a shift in consumer preferences.
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