Mercedes Benz to launch 10 new models in 2022, all-electric EQS to be locally assembled, Auto News, ET Auto

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Nation’s first all-electric luxurious sedan EQS might be launched within the final quarter of 2022 (October-December). Will probably be domestically assembled on the firm’s manufacturing facility at Chakan, Pune.
New Delhi: Luxurious carmaker Mercedes Benz India will launch 10 new fashions throughout the Maybach, AMG and EQ manufacturers in 2022.On the firm’s digital press convention on Wednesday, Martin Schwenk, Managing Director and CEO, Mercedes-Benz India introduced that the nation’s first all-electric luxurious sedan EQS might be launched within the final quarter of 2022 (October-December). Will probably be domestically assembled on the firm’s manufacturing facility at Chakan, Pune. With this, Mercedes would be the first international luxurious carmaker to assemble EVs in India. The corporate may also deliver the S-Class Maybach within the Indian market in March this 12 months.In a ETAuto report in September last year, Mercedes had hinted it may begin assembling EVs in India. The carmaker launched its first EV within the nation in 2020- EQC SUV at INR 1 crore (which was later elevated to INR 1.1 crore) and began promoting imported fashions. It could be famous that import of cars as CBU ( Utterly Constructed Unit) appeal to the next tax in India whereas for the automobiles which might be assembled within the nation as CKD (Utterly Knocked Down), their efficient import responsibility is relatively decrease.Schwenk additionally highlighted that ‘YOU First’ is the corporate’s motto for 2022. “The EQS, designed to exceed all buyer expectations, has already created a world benchmark as an all-electric futuristic luxurious EV. After pioneering the localization of efficiency autos in India with the AMGs, we now have determined to start out the native manufacturing of the EQS, a step in the proper course for us in the direction of mainstreaming luxurious EVs.”He mentioned the corporate has invested INR 4 billion within the nation over the previous two years, nonetheless didn’t touch upon how a lot Mercedes would notably put money into its EV push in India.Speaking in regards to the recurring COVID waves and its affect, he mentioned, since expertise is gained to take care of the pandemic in 2020 and 2021, the nation is assured of weathering the storm and shopper sentiment is predicted to stay robust.

Demand and Gross sales The German carmaker is aiming to clock a double digit CAGR for the following two years. It reported a 42.5% development in home gross sales for the 12 months 2021 to 11,242 models as in comparison with 7,893 models bought in 2020. Its order bookings for 2021 is over 3,000 automobiles. In accordance with the corporate, the LWB E-Class continues to stay its single highest promoting mannequin in 2021 adopted by the GLC luxurious SUV.  Martin Schwenk, Managing Director and CEO, Mercedes-Benz India Martin Schwenk, Managing Director and CEO, Mercedes-Benz IndiaSchwenk mentioned, “We’re excited with our efficiency that entailed gross sales restoration and elevated our market share, in a 12 months that was largely unprecedented and posed a number of challenges to the trade. We have been profitable in thrilling the market with common product introductions and earned clients’ confidence with our new enterprise model- Retail of the Future.”Despite the fact that Mercedes was the most important luxurious carmaker for the seventh consecutive 12 months in 2021, its gross sales final 12 months was decrease than its peak gross sales of 15,538 automobiles in 2018.“Gross sales volumes remained constricted by substantial challenges within the provide facet triggered by the pandemic in Q2, whereas the semiconductor scarcity largely affected all the This autumn deliveries.”Going ahead, Schwenk mentioned he doesn’t count on the chip scarcity to enhance drastically for the following six months in 2022. The automobile maker is anticipating a 30% penetration of on-line gross sales for its pre-owned automobile section this 12 months. New Initiatives

Mercedes mentioned it might make use of 100% inexperienced vitality in operations from this 12 months. In October final 12 months, ETAuto reported about the carmaker’s plans to have a inexperienced manufacturing plant and its Ambition 2039.With its give attention to EVs, the corporate mentioned it has launched the Electrical Car Expertise Ability Growth Course beneath its ADAM Course the place MKSS Institute, Pune would be the first school to start out within the EV module beneath its course.The posh carmaker mentioned its ‘Retail of the Future’ enterprise mannequin is working nicely and the corporate has invoiced over 2500 orders since its launch in October final 12 months.Additionally Learn:

The German luxurious automobile model’s Pune plant has made it necessary for its suppliers too to have a transparent roadmap to go carbon impartial.
Decrease CKD duties would imply merely assembling EVs in Pune would deliver down costs by not less than Rs 20 lakh at the same time as full scale manufacturing continues to be an extended shot



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