[ad_1]
Before unveiling an EQA model on Wednesday, Daimler-Benz said its brand’s first all-electric compact model would hit European showrooms this spring, along with the mid-size EQC SUV and the EQV van.
Unlike the Tesla Model 3 or Volkswagen ID 3, the EQA relies on vehicle technology with an internal combustion engine combined with a battery system to ensure long travel distances.
The German automaker changed the foundations of the GLA crossover to reduce the initial investment and save time compared to building an electric sedan from scratch.
Bloomberg Intelligence analyst Michael Dean said the first generation of low-cost Mercedes electric cars would likely reduce profitability as the company develops foundations for electric vehicles and battery prices fall further. However, pushing the electric company into the market will help it comply with emission rules in Europe and China. From what has been seen by “Al Arabiya.net”.
The first electric Mercedes – as the electric sibling of the full-size S-Class sedan – will be presented later this year.
Home competitor
Elon Musk has indicated that Tesla could start manufacturing sedans for Europe at its plant under construction near Berlin, which would increase pressure on domestic manufacturers.
Daimler CEO Ola Kalinus has pledged to focus more on larger luxury cars like the S-Class and GLS SUV to generate the funds needed to replace the electric vehicle.
Mercedes said the EQA is aimed primarily at young urban customers and will be surrounded by an all-wheel-drive version.
While it may take Mercedes until 2024 or 2025 to build competitive electric cars in the mega-market, the automaker is expected to enjoy continued positive earnings dynamics once sales of the new S-Class. will start, analysts at the UBS group led by Patrick Hamill said in a note last week.
Source link
