Mercedes-Benz announces production plans for upcoming EQ vehicles

By Akshay Kedari  | Date: 2020-12-17

Mercedes-Benz announces production plans for upcoming EQ vehicles

German luxury vehicles manufacturer Mercedes-Benz is reportedly planning to start production of six all electric EQ vehicles by the year 2022. The recent development comes after the German automaker revealed its Ambition 2039 initiative, in which it intends to achieve carbon neutrality across all its product lines.

The new electric vehicles will include the EQS, which would be assembled at Mercedes’ Germany plant from 2021. The production of the vehicle will extend to Tuscaloosa, Alabama in the year 2022, cited sources with relevant information. It is to be noted that the EQS is about the same size as Mercedes’ highest luxury sedan the S-Class.

The other models involved in the plan include the electric SUV called the EQA which is already being manufactured in Germany. Mercedes is planning to launch a new assembly line in Beijing in the year 2021.

Meanwhile, the production of EQB SUV will commence in Hungary as well as in China from next year onwards. Sources confirmed that the first EQ model will be sold in the United States.

On the other hand, the EQE, which is approximately the same size as Mercedes GLE utility vehicle will be introduced in Beijing and Germany in 2021, and in Tuscaloosa in the year after. Reportedly, additional EQ models will be launched later in the decade.

Chief Operation Officer at Mercedes-Benz Markus Schafer was reported saying that the company is currently focusing on developing an electric vehicle portfolio. He added that the company intends to become a leader in e-mobility services while focusing improving the battery technology.

Ola Kallenius, CEO of Mercedes’ parent company Daimler AG, mentioned that the intends to electrify the entire Mercedes-Bez vehicle portfolio, further allowing their customers to choose at least one electric alternative across each model series, he added.

Mercedes will continue to produce plug-in hybrids such as the VLC 350e 4Matic, sources claimed. In fact, the company currently offers around 20 plug-in hybrids and intends to increase this number to 25 in the upcoming years.

Source Credits –

https://www.forbes.com/sites/greggardner/2020/12/14/mercedes-benzs-ev-expansion-will-include-two-models-to-be-built-in-alabama/?sh=19d4194f621a

About Author

Akshay Kedari     aeresearch.net

Akshay Kedari

A qualified computer engineering graduate, Akshay Kedari takes pride in having his way with words. Following his passion for content creation, he writes insightful pieces on aeresearch.net and a few other portals. Also endorsed with a short-term experience in web deve...

Read More >>

More News By Akshay Kedari

Google Fi confirms data breach, leaking millions of customer’s data

Google Fi confirms data breach, leaking millions of customer’s data

By Akshay Kedari

Google Fi, Google's cell network operator, has reportedly revealed a data breach, which is most likely related to the T-recent Mobile's security disaster, which allowed hackers to leak millions of customers' personal information. The p...

European semiconductor giant ASML forecasts a sales surge for 2023

European semiconductor giant ASML forecasts a sales surge for 2023

By Akshay Kedari

Dutch semiconductor company ASML has reportedly forecast a revenue jump for the year 2023 as the global semiconductor industry anticipates a reacceleration of growth during the second half of this year. According to the firm, its net sales  f...

Interfor Corporation acquires 100% equity interest in Chaleur Forest Products

Interfor Corporation acquires 100% equity interest in Chaleur Forest Products

By Akshay Kedari

Following this funding, Interfor's long-term debt will hold a weighted average interest of 5.30% Interfor registered a Net Debt to the Invested Capital ratio of nearly 10% as of October 31, 2022 Interfor Corporation, one of the world...

ESR's ARA and Export-Import Bank of China partner in a deal worth US$1B

ESR's ARA and Export-Import Bank of China partner in a deal worth US$1B

By Akshay Kedari

Leading real estate services and investment company, ESR Group Limited, has recently announced that its exclusively-owned subsidiary, ARA and the Export-Import Bank of China have inked a breakthrough collaboration in a deal worth USD 1 billion infras...

Circularise nabs $11M to bring circular economy to industrial supply chains

Circularise nabs $11M to bring circular economy to industrial supply chains

By Akshay Kedari

Leading software platform, Circularise recently announced that it has raised $11.3 million (€11 million) in funding as part of its Series A round in a bid to advance its mission to bring a circular economy to industrial supply chains. The fun...