Mercedes-EQ is a series of battery electric vehicles manufactured by Mercedes-Benz. The first model was previewed at the Paris Motor Show in 2016 with the Generation EQ concept vehicle. Mercedes-Benz intends to produce ten EQ models by 2022, three of which will have the Smart brand, representing between 15% and 25% of the company's global sales. All of Mercedes-Benz electric vehicle design and production efforts will target the EQ family.
Mercedes-Benz EQC, the first member of the EQ range, was presented at a special event held in Stockholm in 2018.
Overview
Dieter Zetsche, chairman of Mercedes-Benz Group, stated that the new brand will consist of all Mercedes-Benz "electrification efforts", with a goal of having it represent between 15% and 25% of global sales for the company by 2025, dependent on "the continued development of infrastructure and customer preferences". Jurgen Schenk, a director of Mercedes-Benz who will oversee the development of the electric vehicle program, stated that the company expects energy density improvements to battery technology to be about 14% per year until 2025, equivalent to improvements seen between 2010 and 2016.
To meet production targets, Mercedes-Benz Group intends to invest