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Zenger
Business
Anan Ashraf

Mercedes-Benz Q2 Sales Surge 6% On Rising Demand For Electric And Luxury Vehicles

Mercedes Tesla Inc. North America MercedesBenz United States
The Mercedes-Benz logo on the steering wheel of a Mercedes-Benz EQS is seen during Thailand Fast Auto Show & EV Expo 2023 at Bangkok International Trade and Exhibition Center (BITEC) in Bangkok on July 5, 2023. The German carmaker sold 515,700 vehicles in Q2, including 56,300 battery-electric vehicles. (Valeria Mongelli/Anadolu Agency via Getty Images)

Mercedes-Benz Group (OTCPK: MBGYY) said on Tuesday that it sold 515,700 vehicles in the second quarter, including 56,300 battery-electric vehicles. The 6% year-on-year surge in sales was driven by increased demand for battery electric and top-end vehicles like Maybach and G-Class over the quarter.

Battery electric vehicle sales worldwide rose 123% on the back of increased EQA, EQB, and EQE sedan demand, the company said in a statement.

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