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Mercedes-Benz Q4 EV Sales Hit New Record, Full-Year 2023 Sales Up 73% YOY

Mercedes-Benz’s fourth quarter report for 2023 showed that the company’s Q4 global car sales were 514,000 vehicles, a year-on-year decrease of 4%; total sales in 2023 reached 2,043,800 vehicles, a year-on-year increase of 0.2 %.

In the fourth quarter, Mercedes-Benz and Smart electric vehicle sales reached 66,200 units, a year-on-year increase of 24%, and accounted for approximately 12.9% of total sales. Whether in terms of sales or market share, this undoubtedly created a new record.

Global new energy vehicle sales in the fourth quarter of 2023 (year-on-year change):

 BEVs: 66,200 units (+24%), market share 12.9%

 Mercedes-Benz: 66,300 units (+32%)

 Smart cars: 3,900 units (down 39%)

In 2023, Mercedes-Benz AG sold more than 240,000 fully electric vehicles, including more than 222,000 Mercedes-Benz vehicles (43,202 vehicles in the United States) and more than 18,000 Smart models.

Global new energy vehicle sales in 2023 (year-on-year change):

 BEVs: 240,600 units (+61%), market share 11.8%

 Mercedes-Benz: 222,600 units (+73%), 11% market share

 Smart cars: 18,100 units (down 12%)

The company did not give the sales volume of plug-in hybrid models, but only mentioned that the brand’s plug-in hybrid car share will reach 19% in 2023, and it is expected that its plug-in hybrid car plus pure electric car share will reach 30%.

According to previous reports, Mercedes-Benz will deliver a total of approximately 765,000 new cars to Chinese customers in 2023, which is basically the same as the previous year’s delivery. Among them, the Maybach brand and G-class off-road vehicle, which are part of the high-end luxury matrix, have achieved 21 sales respectively. %, 22% annual growth.

In terms of new energy vehicles, pure electric models achieved a year-on-year increase of more than 100% in annual delivery, and plug-in hybrid models ranked first in the luxury car market. Elsewhere, deliveries of the long-wheelbase C-Class achieved near-double-digit annual growth.

According to Duan Jianjun, President and CEO of Beijing Mercedes-Benz Sales and Service Co., Ltd., 2024 will include a new pure electric G-class off-road vehicle (which may be named EQG), a new Maybach EQS pure electric SUV, and a new CLE family. , a new generation of EQA / EQB SUV models and many other products were unveiled and launched.

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James Lopez
James Lopezhttps://www.techgoing.com
James Lopez joined Techgoing as Senior News Editor in 2022. He's been a tech blogger since before the word was invented, and will never log off.