MUNICH: Mercedes-Benz plans to expand its electric vehicle portfolio in India by three times in the next 18 months. In four years, the German luxury carmaker expects 25% of its sales in India to be EVs.
In Mercedes-Benz India’s current lineup of 22 products, there are only two EVs – the EQB SUV and EQS sedan. In mid-September, the company is scheduled to launch another electric SUV, the EQE. Company executives said three more EVs are lined up for launch in the next 12-16 months, which will take its electric portfolio to six.
“India is on the move. The combustion portfolio is much bigger than electric, but that will change significantly over the next few years.
