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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.

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Jaelyn Campbell
Jaelyn Campbell
Jaelyn Campbell is a staff writer/reporter for CBT News. She is a recent honors cum laude graduate with a BFA in Mass Media from Valdosta State University. Jaelyn is an enthusiastic creator with more than four years of experience in corporate communications, editing, broadcasting, and writing. Her articles in The Spectator, her hometown newspaper, changed how people perceive virtual reality. She connects her readers to the facts while providing them a voice to understand the challenges of being an entrepreneur in the digital world.

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