Automakers around the world have been gradually switching to electric cars, in line with their sustainability goals. Mercedes-Benz was one of them. However, with a recent decision, the German company postponed its plan to be fully electric by 2030. The reason for this was that they still did not receive enough attention.

Now Mercedes until the second quarter of 2024 Preliminary sales figures were shared. Although these are preliminary data, they present figures that are close to the official data. The company compared the period April-June 2024 with the same period of the previous year. 496,700 vehicles were sold, a decrease of 4%. This was the fourth consecutive negative quarter. For electric cars, the situation was even worse.

Electric vehicle sales fell 25%

The auto giant’s sales data showed that its electric vehicles saw a much bigger decline. Accordingly, the company earned roughly 45,800 electric cars sold carried out. This is compared to the same period in 2023 There was a 25% decline resources. Market share is around 12% dropped to 9.2%.

The company has issued a statement on the matter demand is insufficient He stated that this is the reason why sales have been down. This is not surprising. We have seen that the interest in electric vehicles has been declining lately. For this reason, the plans of companies have been delayed. Mercedes has also seen a decline in sales due to the declining demand, especially in key markets.

There are similar declines on the plug-in hybrid side. So much so that Mercedes-Benz sold 44,200 PHEVs in the second quarter. This means that total sales of both fully electric and plug-in hybrids are flat worth 90 thousand This means that sales fell by 6%. Let’s add that the total number of plug-in vehicles the company will sell in 2024 will be 180 thousand 100.