LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Mercedes will swap EQS electric SUV production for new 300-mi GLC EV at US factory

Robert Frost by Robert Frost
November 28, 2023
in Industries
Mercedes will swap EQS electric SUV production for new 300-mi GLC EV at US factory
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Mercedes-Benz plans to stop building its EQS SUV in the US in favor of a new longer-range electric GLC. The move comes as Mercedes plans to make room for its upcoming GLC EV.

According to supply chain sources via Automotive News, Mercedes will move EQS SUV production to its Breman plant in the second half of the decade.

You might also like

It’s time to start recommending some Tesla Powerwall alternatives [update]

When it comes to towing, not all 2026 GMC Sierra EV pickups are created equal

Solar executives warn that Trump attack on renewables will lead to power crunch that spikes electricity prices

The EQS is currently built at its Tuscaloosa plant in Alabama. It was the first all-electric Mercedes built in the US, starting last August. Mercedes has since also introduced the EQE SUV.

Mercedes is moving production to make room for the new GLC EV, which a source claimed is a “cash cow.” According to AutoForecast Solutions, Mercedes will begin building the GLC EV in the first quarter of 2026.

More importantly, the auto intelligence firm predicts the new electric SUV will reach 50,000 in volume in its first year. That’s more than double the current EQS SUV.

The EQS SUV currently leads Mercedes’s US sales, with 7,086 units sold through September. However, sales were down 48% in Q3 (1,596 units sold) compared to last year (3,077).

The GLC EV will be the EQC’s successor. The EQC was expected to launch in 2020 in the US as Mercedes’ first mass-market EV but ditched the plans over its limited range.

Mercedes-GLC-EV
Mercedes EQS production in Alabama (Source: Mercedes-Benz)

Mercedes to launch new GLC EV

According to those briefed on the new model, the GLC EV will feature around 300 miles of range and a redesign. One dealer said the new EV has a “rounded front and rear,” replacing the boxy styling of the gas-powered version.

The new model was recently spotted testing for the first time by Auto Express, revealing a sleek crossover SUV with a short bonnet and tighter stance.

Producing the new model in the US will enable it to qualify for the IRA tax credits, according to AutoForecast VP Sam Fiorani. Mercedes also sources batteries locally at its new factory in Bibb County.

Mercedes is quickly transitioning to electric in the US. Electric vehicles accounted for nearly 15% of its US sales in the third quarter.

At a dealer meeting in May, Mercedes’ global marketing and sales chief said the automaker expects EVs to represent 40% of new car sales in the US by 2026. By 2030, she expects that number to be around 70%.

Electrek’s Take

With the US being Mercedes’ No. 1 market, according to Seeger, shuffling production makes sense.

The new GLC EV is expected to be a much higher-volume model than the current EQS. A smaller, higher volume model (presumably at a lower price point) will fit better in the automaker’s transition.

It’s also expected to ride on the new Mercedes MMA platform designed to cut costs and improve efficiency.

The automaker plans to go all-electric by 2030 “where market conditions allow.”

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

I’m A Celebrity… Day 10 review: Nigel Farage and Nella’s cultural appropriation row

Next Post

Apple scotches credit-card partnership with Goldman Sachs: report

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

It’s time to start recommending some Tesla Powerwall alternatives [update]
Industries

It’s time to start recommending some Tesla Powerwall alternatives [update]

August 24, 2025
When it comes to towing, not all 2026 GMC Sierra EV pickups are created equal
Industries

When it comes to towing, not all 2026 GMC Sierra EV pickups are created equal

August 24, 2025
Solar executives warn that Trump attack on renewables will lead to power crunch that spikes electricity prices
Industries

Solar executives warn that Trump attack on renewables will lead to power crunch that spikes electricity prices

August 24, 2025
Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors
Industries

Eli Lilly’s obesity pill remains a viable rival to Novo’s oral Wegovy despite data that underwhelmed investors

August 24, 2025
Next Post
Apple scotches credit-card partnership with Goldman Sachs: report

Apple scotches credit-card partnership with Goldman Sachs: report

Related News

Stablecoins are the best way to ensure US dollar dominance — Web3 CEO

Stablecoins are the best way to ensure US dollar dominance — Web3 CEO

April 6, 2025
Sadiq Khan makes election pledge to create City Hall housing developer

Sadiq Khan makes election pledge to create City Hall housing developer

May 10, 2023
Just a moment…

Just a moment…

May 29, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?