The price for the electric luxury sedan EQS fell by eleven to 22 percent from the equivalent of around 160,000 euros.
(Photo: Reuters)
Dusseldorf Mercedes-Benz shares were the big losers in the Dax values on Wednesday. The course has meanwhile fallen by more than seven percent. Because the car manufacturer had to make significant price reductions for two electric models in China.
The Mercedes-Benz China website said prices would be “adjusted” from Wednesday in line with ever-changing market demand in China. The price for the electric luxury sedan EQS fell by eleven to 22 percent from the equivalent of around 160,000 euros, that of the EQE by nine percent. The Bloomberg news agency was the first to report it.
Chinese manufacturers are currently dominating the still small but fast-growing market for e-cars in China with inexpensive smaller models, while western carmakers earn their money with combustion engines. The German premium car manufacturers are still the leaders here.
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