Autonomous Vehicle News
EVs already make up 30 percent of Mercedes’ Malaysia lineup, and the company said future plans for EV and combustion engine cars will “echo” its global direction of going full-electric by 2030. Despite being locally assembled, the EQS 500 4Matic starts at 649,000 ringgit ($142,000) -- making it the most expensive EV in the market. By comparison, Tesla’s Model Y SUV starts at 199,000 ringgit (about $43,400), while BYD’s Dolphin EV starts at 99,900 ringgit (about $19,700) and its Atto 3 from 149,800 ringgit (about $29,600). Plangger said Mercedes is more focused on the “value” it’s able to provide customers as a luxury brand, instead of pricing considerations. “At the end, it’s not about price, but what can you offer your customers for that price,” Plangger said.