Mercedes-Benz will fortify its electric vehicle lineup in South Korea to cement its leading status in the country’s imported passenger vehicle market.
South Korea is Mercedes-Benz’s fourth-biggest passenger car market.
According to Johannes Schoen, Mercedes-Benz Korea’s vice president of product, marketing & digital business, they will significantly raise the ratio of EVs in the product lineup depending on market demands.
Mercedes-Benz Korea sold 80,976 vehicles in 2022, up from 76,152 units a year ago, with electric vehicles (EVs) accounting for 6 percent.
Mercedes-Benz Korea topped the local imported car market in 2022 for the seventh straight year on the growing demand for high-end and environment-friendly cars.
The German carmaker recently launched its all-electric EQS SUV built on its new EVA2 platform for South Korean customers and will later introduce the EQE SUV.
The company said it will also strengthen its digital sales platform that helps customers purchase its vehicles, as well as receive after-sales services.


TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Wildfires ignite infection risks, by weakening the body’s immune defences and spreading bugs in smoke
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Thailand Inflation Remains Negative for 10th Straight Month in January
The American mass exodus to Canada amid Trump 2.0 has yet to materialize
Glastonbury is as popular than ever, but complaints about the lineup reveal its generational challenge
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Every generation thinks they had it the toughest, but for Gen Z, they’re probably right
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Fertile land for growing vegetables is at risk — but a scientific discovery could turn the tide
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Why have so few atrocities ever been recognised as genocide? 



