Mercedes-Benz U.S. EV Gross sales Sharply Declined In Q2 2024

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Mercedes-Benz U.S. EV Gross sales Sharply Declined In Q2 2024


Mercedes-Benz stories 84,662 automotive gross sales (excluding industrial vans) in america throughout the second quarter of 2024, practically 4% lower than a yr in the past. EVs have been the primary purpose behind this drop.

In Q2, Mercedes-Benz offered 9,640 passenger all-electric vehicles, 36% lower than a yr in the past. This substantial lower prompted the EV share to drop to 11.4% from 17.1% a yr in the past. The U.S. market was not an exception, as Mercedes-Benz famous a 25% drop in EV gross sales globally.

Mercedes-Benz EVs within the U.S.

Mercedes-Benz presently presents 5 foremost all-electric automotive fashions: the EQB, EQE, EQE SUV, EQS and EQS SUV. On prime of that comes an all-electric van, the eSprinter.

This quantity contains the Mercedes-Benz EQB (3,173), the EQE Sedan and SUV (3,911), and the EQS Sedan and SUV (2,556).

Out of the three teams, solely the EQB famous a development—fairly vital, by 88% year-over-year, though after a comparatively weak Q1. The outcome after the primary half of the yr is comparable with H1 2023.

In the meantime, the EQE household famous a 47% gross sales drop, whereas the EQS household was down 57% year-over-year. It is a large change. Sadly, the producer does report the person outcomes for every of the 4 vehicles (EQE, EQE SUV, EQS and EQS SUV).

Mercedes-Benz BEV gross sales in Q2’2024 (YOY change):

  • EQB: 3,173 (up 88%)
  • EQE Sedan and SUV: 3,911 (down 47%)
  • EQS Sedan and SUV: 2,556 (down 57%)
  • Complete: 9,640 (down 36%) and 11.4% share

* Beginning with Q1 2024, Mercedes-Benz stories retail and wholesale gross sales. Earlier than that, gross sales figures have been reported on the retail degree. We up to date the numbers for Q1 and Q2 2023 to the brand new methodology.

Within the first half of the yr, Mercedes-Benz offered virtually 18,000 all-electric vehicles within the U.S., 25% lower than a yr in the past. Nonetheless, that is sufficient for an virtually 12% EV share within the model’s whole quantity.

On prime of that comes 642 gross sales of the all-new all-electric Mercedes-Benz eSprinter van. For reference, Ford E-Transit gross sales in H1 2024 amounted to six,301 models.

Mercedes-Benz BEV gross sales in Q1-Q2’2024 (YOY change):

  • EQB: 3,844 (up 4%)
  • EQE Sedan and SUV: 9,024 (down 4%)
  • EQS Sedan and SUV: 5,108 (down 52%)
  • Complete: 17,976 (down 25%) and 11.9% share

For reference, in 2023, Mercedes-Benz electrical automotive retail gross sales elevated by 248% year-over-year to 43,202, accounting for 15.3% of the whole quantity.

Sadly, plug-in hybrid automotive gross sales weren’t reported.