Mercedes-Benz will suspend deliveries of its electric EQ range in the U.S. and reduce the prices of new 100% electric models in the country.
The information from the German manufacturer comes in response to the decline in demand for electric vehicles in the U.S. and the high stocks at North American dealerships.
At the heart of the slowdown in the transition to electric mobility in the U.S. is President Donald Trump’s bill that will put an end to support for the purchase or long-term leasing of electric vehicles, which will come into effect on September 30. The decision marks a crucial change in the journey toward electric mobility, as it will delay the U.S. energy transition.
Mercedes CEO Ola Kaellenius told reporters on Wednesday that, despite the slower trajectory, he expects U.S. consumers to buy more 100% electric vehicles in the long term.
The company also announced that it will cut the base price of its EQE and EQS sedan and SUV models in the U.S. by between 4% and 16% starting from the 2026 models.
