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BaaKhabar > Uncategorized > Mercedes-Benz Rolls Out EQS SUV Line, Will It Still Qualify For Tax Credits?
Uncategorized

Mercedes-Benz Rolls Out EQS SUV Line, Will It Still Qualify For Tax Credits?

Sameer
Sameer
Updated 2022/08/29 at 2:09 PM
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Recently

Mercedes-Benz declared the official launch of EQS SUV production today, the first of its new line of electric SUVs to be built in America.

With a start of production at Mercedes’ Tuscaloosa assembly plant in Alabama, we expect to hear EQS SUV pricing soon as deliveries remain on track for later this year.

After recent legislative action, we wonder if the new US-build electric SUV will qualify for federal tax credits under the Inflation Reduction bill.

By October

By October of 2020, the public realized Mercedes-Benz’s new secret project when it revealed a short video showcasing EQs, EQ sedans, and an SUV that integrated electric propulsion.

For those still on the fence about whether or not to buy the flagship EQS sedan, Mercedes has revealed its smaller sibling – the EQE.

With more power and torque than the EQS, and with a lower drag coefficient, it’s a worthy purchase just in case you want to explore new roads everyday.

On Thursday, Mercedes-Benz was able to start its carbon neutral assembly lines for the EQS SUV at their facility. The sounds of production were welcomed due to the new car’s electric features.

EQS SUV ramps up in US, but what about those tax credits?

The German automaker announced that the production of an all-electric SUV, dubbed EQS, will begin in Alabama on September 28th. The announcement was made public by the company, who has partnered with Nissan and Saturn brands to build two factory sites in Bibb County.

The Tuscaloosa site has been in operation by Mercedes since 1997 and, with its start of EQS SUV production, marks its pivot toward EV assembly on American soil. Jörg Burzer, member of the board of management of Mercedes-Benz Group AG, production and supply chain, spoke about this.

Major announcement

With the release of the EQS SUV, our production network is well positioned and ready for rapid scaling due to the increase in demand. This major announcement means that there will be all-electric Mercedes-EQ models produced, which we are sure will be a success all over the world.

In Alabama

The production of the EQS SUV in Alabama will soon be followed by the assembly of the recently announced EQE SUV later this year. Both all-electric EV vehicles and their battery components being assembled in the US will prove vital for any chance at qualifying for federal tax credits under stricter terms defined under the recently signed Inflation Reduction Act.

Although Mercedes has announced plans to build electric SUVs in the US, the company needs to make sure that the price tag of these vehicles is below $80,000. To compare, the price for a Mercedes EQS sedan begins at $102,310.

E-ICE technology

Despite Mercedes not having released any pricing yet, many are left to wonder how much these vehicles will cost and if the increased purchase price will be made up for by some of the car’s conveniences, such as the Daimler’s proprietary E-ICE technology. More details are sure to be unveiled as Mercedes begins their release schedule for SUV deliveries soon.

 

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TAGGED: Mercedes-Benz 2022

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Sameer August 29, 2022
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