Mercedes unveils new electric SUV as it aims to go all-electric by 2030.
- The German luxury automaker Mercedes-Benz is attempting to boost its electric vehicle (EV) lineup by unveiling a new electric SUV.
- The company recently promoted its EQE SUV that will likely compete with the Tesla Model Y.
- This was a big move for Mercedes as the company aims to be all-electric by the end of the decade.
Why it’s news
Mercedes unveiled its newest EV, the EQE SUV.
The EV will have 367 miles of driving range on a single charge and be priced around $68,000 with sales expected to begin later this year. The SUV is expected to compete with Tesla’s Model Y that has a mileage range around 270 to 320 on a single charge and a price tag starting at $64,990.
“It’s the latest proof that we’re consistently executing on our strategy to go all-electric,” says Mercedes CEO Ola Kallenius.
The SUV will come equipped with significant features—including a 55.5-inch wide-screen display and a surround sound system.
The company plans to offer electric siblings for all combustion-engine models in its portfolio by the end of the year, according to Bloomberg writer William Wilkes.
Backing up a Bit
More than half of car buyers worldwide want an EV. The number of people wanting EVs has hit a worldwide tipping point.
The latest EY Mobility Consumer Index shows that 52% of people looking to buy a car want to buy an EV. This is the first time the number has exceeded 50%, representing a rise of 11 percentage points since last year.
In order to meet the growing demand of EVs Mercedes has made the decision to go all-electric by 2030.
The carmaker said that by 2025 it expects half of its sales to be plug-in vehicles and by 2030 the entirety of sales will be.