Mercedes-Benz More Than Tripled All-Electric Car Sales In First Period

Mercedes-Benz reports 501,600 global passenger car sales during the first quarter of 2022, which is 15% less than a year ago. The number includes Mercedes-Benz Passenger Cars (495,200 – down 15%) and smart (6,400).

The most interesting thing for us is that the company sold 67,800 Mercedes-Benz plug-in electric passenger cars, which is 37% more than in Q1 2021.

Out of that, 21,900 (up 210% year-over-year) were battery-electric cars. While the all-electric car sales are booming thanks to new models introduced on the market, the plug-in hybrid sales increased by only 8% year-over-year. Nonetheless, they remain in the majority (45,900).

Mercedes-Benz plug-in car sales in Q1 2022 (preliminary numbers):

BEVs: 21,900 (up 210%)
PHEVs: 45,900 (up 8%)
Total plug-ins: 67,800 (up roughly 37%)

Together with smart (we assume that almost all are BEVs), the company sold some 74,200 plug-ins, which is almost 15% of the total volume. The company noted that in Europe, the plug-in share is much higher at 33%.

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