Part 3/9:
In the past year, Mercedes’ EV sales fell by a staggering 30%. Once regarded as a leader in electrification, having invested heavily in this transition, the company is now retracing its steps as they confront dismal sales figures across multiple segments. The EQB and EQE models, once anticipated to drive growth, posted declines of 36% and 39%, respectively, while the flagship EQS saw a staggering 52% drop in sales, totalling only 6,963 units worldwide.