Mercedes-Benz Automobiles reviews 496,700 world passenger automobile gross sales throughout the second quarter of 2024, 4% lower than a yr in the past and it was the fourth consecutive damaging quarter.
Sadly for the German model, its all-electric automobile gross sales decreased even quicker. In Q2, all-electric automobile gross sales of Mercedes-Benz and Good, an electric-only model, amounted to roughly 45,800 and had been decrease by 25% than a yr earlier. It decreased the EV share to 9.2% from nearly 12% in Q2 2023.
Mercedes-Benz electrical automobile gross sales lower
After a report of over 240,000 all-electric automobile gross sales in 2023, Mercedes-Benz Automobiles famous a considerable decline within the first half of 2024. The quantity is 17% decrease than in H1 2023 at simply over 93,000.
The corporate defined, “The tempo of EV adoption eased in necessary markets as the corporate targeted on wholesome development in a market setting characterised by heavy discounting.” In different phrases, the demand is inadequate to keep up the earlier gross sales quantity with out rebates.
The preliminary knowledge point out that Mercedes-Benz Automobiles offered a complete of 90,000 plug-in passenger automobiles in Q2, down 6% year-over-year. Curiously, its plug-in hybrid automobile gross sales improved by about 27% to 44,200.
Mercedes-Benz Automobiles world plug-in automobile gross sales in Q2’2024 (YOY change):
BEVs: 45,800 (down 25%) and 9.2% market share PHEVs: 44,200 (up 27%) and eight.9% market share Complete: 90,000 (down 6%) and 18.1% market share
Within the first half of the yr, the whole all-electric automobile gross sales decreased by 17% year-over-year to roughly 93,400 items. In the meantime, plug-in hybrid automobile gross sales elevated by 16% reaching practically 87,000.
Mercedes-Benz Automobiles world plug-in automobile gross sales in Q1-Q2’2024 (YOY change):
BEVs: 93,400 (down 17%) and 9.7% market share PHEVs: 86,900 (up 16%) and 9.1% market share Complete: 180,100 (down 4%) and 18.8% market share
For reference, in 2023, Mercedes-Benz Automobiles offered greater than 240,000 all-electric automobiles, together with over 222,000 Mercedes-Benz (43,202 within the U.S.) and over 18,000 Smarts.
Mercedes-Benz Vans
Mercedes-Benz Vans introduced 103,400 car gross sales in Q2, down 13% year-over-year, together with 5,200 all-electric vans, up 3% year-over-year. EVs accounted for five% of the whole quantity in comparison with 4.3% a yr in the past.
The van lineup consists of the EQV, eSprinter, eVito/eVito Tourer, and EQT/eCitan.
Mercedes-Benz
from left: Mercedes-Benz EQT, EQV, eSprinter, eVito, eCitan