TSLA329.65010.24%
GM53.2200.01%
F11.1600.01%
RIVN13.7000.8%
CYD25.1000.91%
HMC30.000-0.355%
TM168.650-1.83%
CVNA347.5201.42%
PAG165.0300.91%
LAD307.7500.09%
AN196.7600.35%
GPI411.0204.92%
ABG229.9600.44%
SAH76.9400.64%
TSLA329.65010.24%
GM53.2200.01%
F11.1600.01%
RIVN13.7000.8%
CYD25.1000.91%
HMC30.000-0.355%
TM168.650-1.83%
CVNA347.5201.42%
PAG165.0300.91%
LAD307.7500.09%
AN196.7600.35%
GPI411.0204.92%
ABG229.9600.44%
SAH76.9400.64%
TSLA329.65010.24%
GM53.2200.01%
F11.1600.01%
RIVN13.7000.8%
CYD25.1000.91%
HMC30.000-0.355%
TM168.650-1.83%
CVNA347.5201.42%
PAG165.0300.91%
LAD307.7500.09%
AN196.7600.35%
GPI411.0204.92%
ABG229.9600.44%
SAH76.9400.64%
Dealers' #1 source for auto industry news, content, coaching & analysis

Mercedes-Benz EV sales skyrocket in Q3

Mercedes EV sales have topped 29,000 so far.

Excluding commercial vans, Mercedes-Benz reported 71,908 car sales in the U.S. during the third quarter of 2023. This is a 1.8% decrease from last year and the third consecutive quarter of declines. 

Conversely, sales of all-electric vehicles from German automakers rose sharply over the prior year. For instance, the company sold 10,423 BEVs in Q3, up 284%, representing 14.7% of the brand’s overall volume as opposed to 3.8% in the same period last year.

The EQE SUV, which sold 3,488 units, and the EQB, which sold 3,270 units, were the best-selling EVs in Q3. Yet, simultaneously, the business noticed that sales of the EQS Sedan were 35% lower than in 2022, indicating a weakening and intense competition in the market. The EQB SUV, the EQE and EQS SUVs, and the EQB are now the driving forces behind Mercedes electrification.

Mercedes-Benz BEV sales in Q3’2023 YOY change:

  • EQB: 3,270 | up 342%
  • EQE Sedan: 969 | new
  • EQE SUV: 3,488 | new
  • EQS Sedan: 1,100 | down 35%
  • EQS SUV: 1,596 | up 476%
  • Total: 10,423 | up 284% and 14.7% share

Mercedes-Benz electric car sales have topped 29,000 so far this year, accounting for 14% of the total car volume. 

Ultimately, BEV sales have significantly increased in 2023, and the automaker believes the positive trend should continue with more models based on its current AMG and Maybach. Additionally, the overall BEV sales will likely surpass 40,000 by the end of the year. 

Mercedes U.S. president and CEO Dimitris Psillakis said the company is “very encouraged” by the demand for EVs, which includes the Alabama-produced EQE SUV and EQS SUV.

Stay up to date on exclusive content from CBT News by following us on Facebook, Twitter, Instagram and LinkedIn.

Don’t miss out! Subscribe to our free newsletter to receive all the latest news, insight and trends impacting the automotive industry.

CBT News is part of the JBF Business Media family.

Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is known to cover the latest developments impacting automotive retailers, manufacturers, and industry professionals. Based in Atlanta, Georgia, Jaelyn brings a journalistic focus to key trends shaping the retail automotive landscape, including dealership operations, evolving consumer behavior, EV adoption, and executive leadership strategies.

Related Articles

Latest Articles

From our Publishing Partners