Mercedes-Benz Sees 51% Surge in Plug-In Car Sales, Capturing 18.6% Market Share in Q2 2023

Credit: Mercedes-Benz

Mercedes-Benz Cars has unveiled its second-quarter 2023 sales figures, showcasing a notable surge in global car sales. With a six percent year-over-year increase, the company reported a total of 515,746 units sold during this quarter. This performance continues the positive trajectory witnessed in the first half of the year, with sales improving by 4.6 percent year-over-year to slightly surpass the 1 million mark.

A pivotal highlight within this sales report is the significant upswing in rechargeable car sales. These vehicles accounted for nearly one-fifth of the total sales volume, reflecting a shifting trend towards more sustainable mobility solutions. Specifically, in the second quarter of 2023, Mercedes-Benz Cars witnessed an impressive surge in sales of plug-in passenger cars, which recorded a remarkable 51 percent year-over-year increase, translating to a notable 18.6 percent share of the market.

The spotlight, however, rests on battery electric cars (BEVs), which exhibited an almost twofold surge in sales year-over-year, reaching a substantial 61,211 units, constituting 11.9 percent of the overall volume. This achievement marks a new record for the company and underlines the growing preference for electric vehicles. Moreover, plug-in hybrid car (PHEV) sales displayed a commendable seven percent year-over-year increase, reaching 34,699 units. Yet, it is evident that the primary thrust and potential for growth currently lie within the domain of BEVs.

Mercedes-Benz Cars’ global plug-in car sales for the second quarter of 2023 were as follows:

  • Battery Electric Vehicles (BEVs): 61,211 units (up 96% year-over-year), representing 11.9% of total sales.
  • Plug-In Hybrid Vehicles (PHEVs): 34,699 units (up 7% year-over-year), accounting for 6.7% of total sales.
  • Combined Total: 95,910 units (up 51% year-over-year), commanding 18.6% of total sales.

A significant milestone is observed when excluding the Smart brand, as sales of BEVs more than doubled to 56,300 units, marking an impressive 123 percent year-over-year increase.

In terms of models, the EQ family of vehicles within Mercedes-Benz’s lineup is experiencing rapid expansion. Key models within this family include:

  • EQE Sedan: 9,000 units
  • EQE SUV: 10,000 units
  • EQS SUV: 5,400 units
  • Other BEVs: 31,900 units (excluding Smart)

The year-to-date performance is equally commendable, with Mercedes-Benz Cars achieving sales of over 187,000 plug-in cars in the first half of 2023. Among these, all-electric cars constituted over 112,000 units, reflecting a substantial 93 percent year-over-year increase in BEV sales.

The cumulative global plug-in car sales figures for Mercedes-Benz Cars in the first half of 2023 are as follows:

  • Battery Electric Vehicles (BEVs): 112,850 units (up 93% year-over-year), comprising 11.1% of total sales.
  • Plug-In Hybrid Vehicles (PHEVs): 74,758 units (down 5% year-over-year), representing 7.3% of total sales.
  • Combined Total: 187,608 units (up 36% year-over-year), commanding 18.4% of total sales.

To provide context, it’s worth noting that in the previous year, Mercedes-Benz sold approximately 117,800 all-electric cars (excluding Smart).

Mercedes-Benz Vans, a subsidiary of the brand, also demonstrated substantial growth, reporting 119,505 vehicle sales in the second quarter of 2023. This marked a robust 19 percent year-over-year increase, including 5,100 battery electric vehicles—an 18 percent year-over-year surge. Notably, BEVs contributed 4.3 percent of the total sales volume, maintaining a consistent level from the previous year.

Within the van lineup, models like the EQV, eSprinter, eVito/eVito Tourer, and EQT/eCitan contribute to the continued success of Mercedes-Benz’s sustainable mobility endeavors. This data underscores the company’s ongoing commitment to environmentally conscious transportation solutions.

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