Mercedes Says EQE Electric Sedan Is As Profitable As The E-Class via insideevs.com
Mercedes-Benz only just started selling the EQE electric sedan and it’s already saying it’s at least as profitable, if not more than the current E-Class. This was announced by company CFO Harald Wilhelm who also noted that the same doesn’t yet apply for the larger EQS model, the electric equivalent of the S-Class.It's more or less the first quarter of EQE sales, but at this point the EQE margin is at the point of the E-Class margin.We saw that the EQS margin is starting to become healthy.
And since SUVs often give automaker an even better profit margin over a comparable sedan, we can expect similar statements from the manufacturer once it launches the high-riding versions of the EQE and EQS ; the latter is even getting a special Maybach version that was previewed by a concept shown in 2021.
Last summer Mercedes announced it was investing $47-billion by the end of the decade in order to develop an entire line of electric vehicles. The manufacturer expects electrified vehicles of some sort to constitute about half its sales volume by 2025, sooner than initially predicted.
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