Mercedes-Benz Hits Hold on US EQ Deliveries Amid Market Shift

Mercedes-Benz has announced a temporary halt in the delivery of its EQ electric vehicle lineup to the U.S., coupled with a price reduction for new EQ models. This decision comes in response to a slowdown in demand and high dealership inventories.

The initiative follows legislative changes brought by President Donald Trump's recent spending bill, which shortened the timeline for EV tax credits, prompting warnings from analysts about a potential underperformance in the U.S. EV market this year.

Amid these adjustments, Mercedes-Benz CEO Ola Kaellenius maintains a positive long-term outlook on U.S. consumers' adoption of battery electric vehicles, despite current setbacks.

(With inputs from agencies.)