Mercedes to launch three luxury EVs in India this year: Report

August 27, 2022
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Mercedes is reportedly geared up to bring three new electric vehicle (EV) variants this year in India. The company is planning to dominate the luxury EV segment in the country. The firm also has plans to set up a network of fast-charging stations for EVs across the country and wants to be the first to assemble a luxury EV in India according to a report by Reuters.

The German luxury and commercial vehicle automotive brand has been showing keen interest in the EV space as well as the Indian market. It aims to increase its sales of EVs in India to 25 percent, according to the report. Mercedes-Benz plans to launch three new EV models in the country this year, starting with an electric version of its new AMG EQS 53, and the S-Class EQS sedan.

Mercedes-Benz will also set up 140 charging stations across the country with fast charging claimed to charge the battery up to 80 per cent in 40 minutes, according to the report.

The Mercedes-Benz AMG EQS 53 is India's most expensive EV priced at Rs. 2.45 crore, and offers a range of 580 kms per charge, as per the report. However, the company's locally assembled EV could be launched at a lower price, thanks to the 5 percent tax on EVs made in the country.

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