Mercedes-Benz all-electric car sales up 66% in Q3
London, 10 October 2023, (Oilandgaspress) – Mercedes-Benz Cars sales reached 510,600 units (-4%) in the third quarter, a solid performance in a volatile market. Volumes were impacted by a model changeover for the E-Class and a supply-chain bottleneck which constrained availability of the GLC. Sales of the Mercedes-Maybach rose by 26% during the same period. The transformation of Mercedes-Benz continues with hybrid and electric vehicles now accounting for 20% of overall sales and battery electric car (BEV) sales up 66% in the quarter. In the first nine months of the year, Mercedes-Benz Passenger Car battery-electric vehicle sales almost doubled (+97%) and Top-End vehicle sales rose 6%. Total sales reached 1,529,800 units (+2%) in the three quarters ending September, in line with the Mercedes-Benz Cars full-year guidance of keeping sales at the prior-year level.
Sales of Mercedes-Benz Cars battery electric vehicles (BEV) reached 61,600 units (+66%) in the third quarter, boosted by the EQA (+108%) and EQB (+96%) models, which remain strong sellers even ahead of their mid-lifecycle upgrades. The EQS and EQS SUV models continue to lead the electric luxury segment, with 26,300 (+53%) units sold year-to-date. Sales of the electric smart reached 3,900 units (+107%) in Q3. Including plug-in hybrids, xEV sales at Mercedes-Benz Passenger Cars increased by 19% to 98,400 units in the third quarter resulting in more than 1 million Mercedes-Benz electric and hybrid vehicles on the road. The company continues to expand charging options for its customers worldwide, installing its first own high-power charging stations this fall and by joining a new charging network joint venture across North America starting in 2024.Sales in the Top-End segment reached 246,500 units (+6%) in the first nine months of the year and 69,900 units in Q3 (-11%). Mercedes-AMG sales were impacted by model changeovers, in particular of the GLC. Mercedes-AMG BEV sales rose by 51% in the third quarter.
The G-Class once again proved its unique positioning in the market with Q3 sales up by 11% even ahead of a model makeover in 2024, Mercedes-Maybach sales were up by 26% to 6,600 units during the same period. Sales of the GLS SUV increased by 3% to 13,300 units in Q3 and the all-electric EQS SUV more than doubled sales to 3,700 units (+162%).
Sales overview
| Q3 2023 | Q3 2022 | Change in % | YTD 2023 | YTD2022 | Change in % | |
| Mercedes-Benz Cars | 510,600 | 530,400 | -4% | 1,529,800 | 1,504,500 | +2% |
| – thereof Mercedes-Benz BEVs | 61,600 | 37,100 | +66% | 174,500 | 95,700 | +82% |
| – thereof Mercedes-Benz P.C. BEVs | 57,700 | 35,200 | +64% | 160,300 | 81,600 | +97% |
| – thereof smart BEVs | 3,900 | 1,900 | +107% | 14,200 | 14,100 | +0% |
| Mercedes-Benz Cars sales by segments* | ||||||
| Top-End | 69,900 | 78,800 | -11% | 246,500 | 232,400 | +6% |
| Core | 290,200 | 293,300 | -1% | 815,300 | 846,100 | -4% |
| Entry | 150,500 | 158,300 | -5% | 468,000 | 426,100 | +10% |
| Mercedes-Benz Cars sales by regions and markets | ||||||
| Europe** | 164,200 | 146,100 | +12% | 485,200 | 447,400 | +8% |
| – thereof Germany | 53,800 | 48,400 | +11% | 172,900 | 146,000 | +18% |
| Asia | 249,400 | 277,300 | -10% | 736,300 | 734,200 | +0% |
| – thereof China | 196,000 | 222,600 | -12% | 570,600 | 573,300 | +0% |
| North America*** | 74,900 | 86,200 | -13% | 248,800 | 256,700 | -3% |
| – thereof U.S. | 64,000 | 74,900 | -15% | 216,700 | 222,900 | -3% |
| Rest of World | 22,000 | 20,700 | +6% | 59,500 | 66,300 | -10% |
* Top-End: Mercedes-AMG, Mercedes-Maybach, G-Class, S-Class, GLS, EQS and EQS SUV
* Core: All derivatives from C- and E-Class, incl. EQC, EQE and EQE SUV
* Entry: All derivatives from A- and B-Class incl. EQA, EQB and smart
** Europe: European Union, United Kingdom, Switzerland and Norway
*** North America: USA, Canada and Mexico
All figures rounded.
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