Mercedes-Benz walks back electric car sales expectations

23 February 2024, 9:30 am

The Other Dimension
Mercedes-Benz walks back electric car sales expectations
Image: CarExpert
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Mercedes-Benz walks back electric car sales expectations
Image: CarExpert

AutoExec Summary
Mercedes-Benz has delayed its target for electric vehicle sales to 2030, including plug-in hybrids in the goal. The brand will continue to produce petrol and diesel vehicles alongside EVs, and had previously aimed to go fully electric by 2030. In 2023, Mercedes-Benz’s EVs accounted for 20% of global sales, but only 7.7% in Australia. They ranked fifth in EV sales in Australia.

Brands mentioned: Mercedes-Benz, Tesla, BYD, MG, Volvo

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