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<blockquote data-quote="Weather Man" data-source="post: 16761603" data-attributes="member: 137766"><p><h3><a href="https://seekingalpha.com/news/3824192-mercedes-benz-unveils-first-all-electric-suv-built-for-us-market?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">Mercedes-Benz unveils first all-electric SUV built for U.S. market</a></h3><p><a href="https://seekingalpha.com/symbol/DDAIF?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">DDAIF -0.10%</a>Apr. 19, 2022 7:05 AM ET</p><p>Mercedes-Benz Group AG (<a href="https://seekingalpha.com/symbol/DDAIF" target="_blank">OTCPK<img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite8" alt=":D" title="Big Grin :D" loading="lazy" data-shortname=":D" />DAIF</a>) said it has <a href="https://media.mbusa.com/releases/release-c6cbee7a4c8895d2c8d7da0d041ee44a-the-eqs-suv-redefined-suv-luxury" target="_blank">entered</a> into a new, all-electric era in the upper market segments with the introduction of the EQS SUV in the U.S.</p><p>The new ESQ SUV features a driving range of over 373 miles and an output of up to 536 horsepower. The EQS SUV has a lithium-ion battery with 12 cell modules and hardcase cells to give it capacity of over 107.8 kWh.</p><p>Mercedes-Benz on the new model: "The SUV offers plenty of space, comfort and connectivity for up to seven passengers in its avant-garde, luxurious interior. Thanks to powerful electric motors, responsive 4MATIC all-wheel drive and an intelligent OFFROAD driving mode, the EQS SUV is capable of tackling light terrain with ease."</p><p>Mercedes-Benz (DDAIF) did not release pricing for the EQS SUV, although it is likely to be over $100,000.</p><p>The SUV is expected to go into production at Mercedes-Benz’s plant in Tuscaloosa, Alabama in the next few months and arrive in U.S. showrooms later in the year.</p><p>Looking ahead, Mercedes-Benz (DDAIF) <a href="https://seekingalpha.com/news/3822257-mercedes-benz-aims-for-50-reduction-in-new-vehicle-emissions-by-2030" target="_blank">aims for 50% reduction in new vehicle emissions by 2030.</a></p><p>Shares of Mercedes-Benz (DDAIF) are down 12.97% on a year-to-date basis, which is <a href="https://seekingalpha.com/symbol/DDAIF/charting?compare=DDAIF,SP500TR,BMWYY&interval=YTD" target="_blank">better than the 18.56% drop for rival BMW.</a></p></blockquote><p></p>
[QUOTE="Weather Man, post: 16761603, member: 137766"] [HEADING=2][URL='https://seekingalpha.com/news/3824192-mercedes-benz-unveils-first-all-electric-suv-built-for-us-market?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']Mercedes-Benz unveils first all-electric SUV built for U.S. market[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/DDAIF?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']DDAIF -0.10%[/URL]Apr. 19, 2022 7:05 AM ET Mercedes-Benz Group AG ([URL='https://seekingalpha.com/symbol/DDAIF']OTCPK:DDAIF[/URL]) said it has [URL='https://media.mbusa.com/releases/release-c6cbee7a4c8895d2c8d7da0d041ee44a-the-eqs-suv-redefined-suv-luxury']entered[/URL] into a new, all-electric era in the upper market segments with the introduction of the EQS SUV in the U.S. The new ESQ SUV features a driving range of over 373 miles and an output of up to 536 horsepower. The EQS SUV has a lithium-ion battery with 12 cell modules and hardcase cells to give it capacity of over 107.8 kWh. Mercedes-Benz on the new model: "The SUV offers plenty of space, comfort and connectivity for up to seven passengers in its avant-garde, luxurious interior. Thanks to powerful electric motors, responsive 4MATIC all-wheel drive and an intelligent OFFROAD driving mode, the EQS SUV is capable of tackling light terrain with ease." Mercedes-Benz (DDAIF) did not release pricing for the EQS SUV, although it is likely to be over $100,000. The SUV is expected to go into production at Mercedes-Benz’s plant in Tuscaloosa, Alabama in the next few months and arrive in U.S. showrooms later in the year. Looking ahead, Mercedes-Benz (DDAIF) [URL='https://seekingalpha.com/news/3822257-mercedes-benz-aims-for-50-reduction-in-new-vehicle-emissions-by-2030']aims for 50% reduction in new vehicle emissions by 2030.[/URL] Shares of Mercedes-Benz (DDAIF) are down 12.97% on a year-to-date basis, which is [URL='https://seekingalpha.com/symbol/DDAIF/charting?compare=DDAIF,SP500TR,BMWYY&interval=YTD']better than the 18.56% drop for rival BMW.[/URL] [/QUOTE]
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