Mercedes-Benz cancels electric vehicle platform development project

Mercedes-Benz is expected to significantly reduce its investment in electric vehicle platform development, Autocar reports, with the decision not to push ahead with plans for its new MB.EA Large platform.

The new platform is expected to debut in 2028, and is intended to underpin the successors to the existing EQS sedan and EQE SUV.

Development of the MB.EA Large platform has been canceled, Handelsblatt reports. The German financial publication said the decision was made due to poor sales of the current EQE and EQS models.

Canceling the platform would save Mercedes-Benz an estimated $4.3-6.5 billion in development and retooling costs.

Mercedes-Benz cuts investment in electric cars.

Mercedes-Benz initially planned to develop two MB.EA platforms, including the MB.EA Medium platform for sedans and the upcoming EQC SUV.

The remaining MB.EA Large platform is developed for larger cars with a focus on luxury.

According to Handelsblatt, the decision to cancel plans for the MB.EA Large platform is part of a broader reorganization of Mercedes-Benz's future development activities.

The German automaker recently postponed its goal of achieving a 50% market share of EVs (hybrids and electric vehicles) from 2025 to 2030. It also scrapped plans to sell only electric cars by 2030 in certain markets.

The discontinuation of MB.EA Large is expected to see Mercedes-Benz develop successors to the seventh-generation S-Class, fourth-generation GLE SUV, GLE Coupé and third-generation GLS as hybrid-electric models, based on an updated version of today's MRA platform.

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