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Benzinga
Benzinga
Business
Badar Shaikh

Mercedes-Benz Scales Back EVs In The US, Stops Taking New Orders Citing Low Demand

Mercedes-benz,Logo,,Close,Up,View,,Luxury,Car,Dealer,And,Manufacturer,

Mercedes-Benz Group AG (OTC:MBGAF) (OTC:MBGYY) has scaled back EV sales in the U.S. and stopped taking new orders, citing low customer demand.

What Happened: The decision affects all variants of the EQS Sedan, EQS SUV, as well as the EQE Sedan and SUV, Business Insider reported on Thursday.

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