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Private Sector | Multi State - India | PID: 203199
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German luxury carmaker Mercedes-Benz mulls assembling more electric vehicles (EVs) at its plant in India. The move will help gain cost advantage, and also make it come closer to meet its zero emission mobility and carbon neutral setup goals.
The company which currently assembles its flagship electric luxury sedan EQS at its Chakan unit in Maharashtra, is considering localisation of other models depending on demand. It is the only model locally assembled out of the four EV models, SUVs EQA, EQB and EQE, and sedan EQS. These are priced between Rs 66 lakh and Rs 1.6 crore.
Globally, Mercedes-Benz had set a target to make its entire fleet of new vehicles net carbon-neutral along the entire value chain, and over the vehicles' whole life cycle by 2039, and its production plants worldwide to run 100 percent on renewable energy with zero CO2 emissions by the same time.
The company also aims to reduce CO2 emissions per passenger car in the new vehicle fleet up to 50 percent, by the end of this decade compared to 2020 levels under its Ambition 2039 initiative.
Mercedes-Benz had reported a nine percent growth at 9,262 units in sales in India in the first half of 2024, its highest ever half yearly sales in the country and its EVs accounted for over five percent of the total sales volumes. EV sales grew by 60 percent in H1/2024 as compared to the same period last year.
| Updated on: 29 - Jul - 2024
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