Beloved luxury EV company has a major problem

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The German luxury car maker needs to solve for a large and growing question mark.

While some vehicles seem to fly off the lot, regardless of economic conditions, others take a little bit longer to catch on.

Some of the other so-called luxury cars on this list, including the Audi and all three BMWs, retail for well above $40,000 and some can easily double that, depending on the trim level you select.Dealers have been not-so-quietly sounding the alarm about the lack of excitement around Mercedes' EQ electric vehicles, which were released with much pomp and excitement in 2022.

Ola Källenius, Chairman of the Board of Management of Mercedes-Benz Group AG, stands in front of a Mercedes-Benz EQS SUV. picture alliance/Getty ImagesMercedes, for its part, has reportedly acknowledged that it's got too many EQS models and may limit production to meet demand for other, more affordable EV options.

 

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