Mercedes-Benz’s Electric Vehicle Sales Crashed

Mercedes-Benz shared how many vehicles it sold in the second quarter of the year. Data showed that the company’s electric car sales crashed, decreasing by 25%.

Automobile manufacturers from around the world were slowly turning to electric cars in line with their sustainability goals. Mercedes-Benz was one of them. However, with a recent decision, the German company postponed its plan to be fully electric by 2030. The reason for this was that they still did not receive enough attention.

Now Mercedes to the second quarter of 2024 Preliminary sales figures were shared. Although these are preliminary data, they present figures close to official data. The company compared the period of April-June 2024 to the same period of the previous year. It sold 496 thousand 700 vehicles, decreasing by 4%. This was the fourth negative quarter in a row. The situation was even worse for electric cars.

Electric vehicle sales dropped by 25%

The automobile giant’s sales data revealed that its electric vehicles showed a much larger decline. Accordingly, the company has made approximately 45 thousand 800 electric cars sold carried out. This is compared to the same period in 2023 There was a 25% decrease means. Market share is around 12% decreased to 9.2%.

The company made a statement regarding the issue demand is insufficient He stated that this is why sales have decreased. This is not surprising. We have seen that the interest in electric vehicles has decreased recently. For this reason, companies’ plans were slowed down. Mercedes also experienced a collapse in sales due to the decrease in demand, especially in important markets.

There are similar declines on the rechargeable hybrid side. So much so that Mercedes-Benz sold 44 thousand 200 PHEVs in the second quarter. This means that the total sales of both full electric and rechargeable hybrids are worth 90 thousand It means that sales decreased by 6%. Let’s add that the total number of rechargeable vehicles sold by the company in 2024 is 180 thousand 100.

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