With territories around the world looking to replace the fossil-fueled cars on their roads with zero-emission electric vehicles (“EVs”), a ton of EV startups have thrown their hat into the ring. German automotive brand Mercedez-Benz is the latest company to announce plans to jump into the deep end of the burgeoning electric vehicle space.
Tesla has been the most successful so far, but legacy automakers such as Mercedes, Ford, Volkswagen and Volvo, which have decades of experience, have been giving the California-based EV pioneer a run for its money. As part of its years long plan to become an all-electric carmaker by the end of the decade, Mercedez-Benz has unveiled a variety of incoming electric vehicles to the public. The company has already started producing electric vehicles, with the sleek, new, all-electric Mercedez Benz EQS, which was revealed early this year, being its very first luxury executive class EV. The sleek flagship EV was meant to be the electric counterpart to the Mercedez Benz S-Class, currently ranked as the bestselling luxury sedan in the world.
With the IAA Mobility show in Germany almost upon us, the company plans on showcasing its next major steps into the nascent but rapidly growing EV sector. The Mercedez-Benz EQB is a crossover electric vehicle that was unveiled earlier this year. Mercedez shared more details about this EV during its recent event, stating that it will arrive in the United States next year with Chinese and European sales beginning at the end of the year.
The EQB slated for the American market will come in two variants: a 168kW (255hp) compact SUV dubbed the EQB 300 4MATIC with 390 pound-feet of torque, and the EQB 350 4MATIC, a 215kW (288hp) compact SUV. Both variants will have a range of around 260 miles (419 kilometers).
Mercedez-Benz EQE350 is a more affordable version of the flagship EQS. It will come equipped with a single electric motor capable of generating 288hp and 391 pound-feet of torque. Its 9kW battery will give the vehicle 410 miles (660 kilometers) of range and will be capable of adding 155 miles (250 kilometers) of range for every five minutes of fast charging.
Mercedez AMG EQS 53 4MATIC+ is a performance model equipped with two motors with an output of 658 hp (484 kW). A “race-start” mode will allow the driver to kick this up to 761 hp (560kW), 1020 nm of torque, 0-100 kilometers in only 3.4 seconds, with a top speed of 155 miles per hour. The AMG has a 108kW battery with 360 miles (580) of range and supports fast charging.
Mercedes Concept EQG is a concept for a G-class electric off-roader that resembles a luxury 4×4 G. It will be equipped with four electric motors each positioned close to a wheel for individual control. The EQG will also have a new rear axle as well as a two-speed gearbox to support on and off-road driving.
Mercedes Maybach EQS Concept will be Mercedez’s first electric Maybach, featuring a two-tone paint finish and a white piano lacquer interior, among other things. The Maybach EQS will have an expected range of around 373 miles (600 kilometers) and should be available for sale sometime in 2023.
It looks as if the global EV market is going to see some serious competition, especially given the fact that companies such as DSG Global Inc. (OTCQB: DSGT) are entering into agreements to become regional distributors of leading EV brands.
NOTE TO INVESTORS: The latest news and updates relating to DSG Global Inc. (OTCQB: DSGT) are available in the company’s newsroom at http://ibn.fm/DSGT
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