Mercedes reportedly cancels development for next-gen EV platform
Mercedes reportedly cancels development for next-gen EV platform
Mercedes-Benz has cancelled the next-generation platform for the luxury segment amidst poor sales and slow growth of the EV market. Reports suggest that the new platform, which is internally codenamed, MB.EA Large was supposed to be launched in 2028. With an estimated development cost of between USD 4.3 billion and USD 6.5 billion, the German carmaker has decided to scrap its plans and cut down the massive investment.
Speaking of sales figures, Mercedes-Benz’s electric arm, dubbed Mercedes-EQ, sold over 43,000 EVs in the US last year. While the figure may sound good, it fails to impress when taking into account the sales of other EV players, with the emerging ones like Rivian outselling the German giant.
The situation is further deteriorated by the slow growth or rather, decline in growth of electric vehicles. Speaking of the US car market, the first quarter of 2024 witnessed a growth dip of 4.5% in EV sales. It is worth mentioning that while the MB.EA Large platform has been scrapped, Mercedes-EQ will continue to develop the smaller MB.EA Medium platform, which will underpin the next-generation EQC SUV and sedan.
Also Read:China's Nio launches Onvo L60 SUV to challenge Tesla Model Y
Since the carmaker has reportedly decided to not develop a next-gen platform altogether, it has concrete plans to upgrade the current platform. The EV platform underpinning the EQE and EQS SUV and sedan, will soon get 800V architecture as well as more energy-dense battery cells. The electric motors will also become more efficient, thereby boosting the real-world driving range.
Moreover, the carmaker will continue to infuse money in the development of the MMA platform, designed to power both all-electric and combustion propulsions. This platform is said to underpin smaller and affordable models like CLA, GLA and even AMG as well as commercial segment models.
&im=FitAndFill=(700,400))
National Handloom Day 2026: From Alia Bhatt to Samantha Ruth Prabhu; Actresses who celebrated India's textile heritage as brides
)
The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
)
Unitree Robotics targets $9 billion valuation in landmark IPO backed by DeepSeek and Tencent
)
India names 27 sites in Arunachal Pradesh
)
Bharat Bhhagya Viddhaata OTT: When will Kangana Ranaut's film stream online?
&im=FitAndFill=(700,400))
How many soldiers operate one S-400 battery?
)
Shakib Al Hasan ready to return to Bangladesh—under one condition
)
‘Fake news’: MEA rejects report claiming India sought defence pact with Israel after Pakistan, Saudi Arabia, Turkey deal
)
Rockstar to unveil GTA 6 extended look ahead of November launch
)
Russia forms Ukrainian Volunteer Spetsnaz Brigade to fight Ukraine
)
Drug-resistant fungus that hides in hair and enters bloodstream reported in 23 US states
)
Technology transfer deal boosts India's defence manufacturing ambitions
)
Border row erupts in Europe after Ceuta crossings, Spain imposes border controls on Italy
)
Morale plummets on USS Abraham Lincoln: Are US sailors reaching a breaking point? | GRAVITAS
)
'Security can't be bought with Pakistan, Turkey deal': Iran tells Saudi Arabia
)
Baba Vanga's 2026 prophecy: 2 predictions 'already came true', 3 terrifying ones remain. Details inside
)
Colombia’s new president Abelardo de la Espriella vows to ‘defeat narco-terrorists’, signals hardline shift
&im=FitAndFill=(700,400))
New Friday OTT releases (August 7, 2026): Operation Safed Sagar, Vadhandhi, Main Vaapis Aaunga- 6 movies and TV shows on Netflix, Prime Video and more
)
Squadron Leader Bhawana Kanth scripts history as Indian Air Force gets its first woman ‘Top Gun’ pilot
)
RSS says Gen Z protests reflect genuine distress
)
Trump says Iranian school bombing photos could be AI-generated - 'I don’t think...'
)
IAF officer held for sharing sensitive information in 'honey trap' case, booked under Official Secrets Act
)
Stray Kids under scrutiny? Fans react to Grammy submission silence after BTS boycott
&im=FitAndFill=(700,400))
Why the Su-30MKI doesn't need external fuel tanks to fly vast distances
)
Jugal Hansraj reunites with Shekhar Kapur after 40 years for Masoom: The Next Generation
)
New speed limits, automatic challans: Big traffic change coming to Delhi-Meerut Expressway. All you need to know
)
India officially names 27 places in Arunachal to counter China's renaming claims
)
Trump calls White House ballroom ruling a 'national disgrace' as court says Congress approval needed
)
US sanctions Iran’s crypto network after Strait of Hormuz attacks, offers $15m bounty for intel on IRGC finance
&im=FitAndFill=(700,400))
Why the Su-30MKI is one of the heaviest fighters ever built
)
Uttarakhand young innovator builds India's own flying vehicle, conducts first test flight: WATCH
)
Chilling video shows students take cover as teen opens fire at Thai school
)
Reese Witherspoon's father hospitalised after poolside incident in Nashville: Report
Furthermore, the German carmaker also revised its EV sales targets for the decade. The earlier-anticipated target of achieving over 50% sales with EVs by 2025 has now been shifted to 2030 considering the slow growth of the EV market. Additionally, the carmaker has also postponed the plan of having only electric vehicles on sale by 2030.