Nitin Gadkari on Mercedes’ Made in India EV: It is not my thing to buy it

At the launch of EQS 580 4MATIC, the first made in India luxury electric car from global automobile company Mercedes-Benz, Transport Minister Nitin Gadkari said that buying this car is beyond my budget too. He said that the company should try to increase its local production to reduce its cost.

The price of this car is around Rs 1.55 crore (ex-showroom). This is Mercedes’ third electric vehicle (EV) in the country. Recently the company launched the AMG version of the EQS 53. sales had started. The car is powered by a 107.8 kWh lithium-ion battery and a set of four motors. It has a motor on each axle. Mercedes says that it gives a range of up to 857 km on a single charge based on ARAI certification. It is the largest range electric car in the country. However, its range may be less in real situations. It has a maximum power of 523 bhp. It takes about four seconds to accelerate from 0-100 kmph. Key features include a 56-inch MBUX hyperscreen. This includes three small screens for the passenger display, central infotainment and driver display.

Gadkari’s tell Was, “The cost can be reduced only if you increase production. We are middle-class people. I can’t even buy your car.” However, at the same time, Gadkari said that there is a huge market for electric vehicles in the country and there are about 15.7 lakh registered EVs. With the construction of express highways in the country, there will be a good market for these cars. Gadkari said that the country’s automobile industry is worth about Rs 7.8 lakh crore and out of this, vehicles worth about Rs 3.5 lakh crore are exported. He said that there is a plan to take this industry to Rs 15 lakh crore.

Mercedes has assembled the EQS 580 4MATIC EV at its manufacturing plant in Chakan near Pune. Gadkari advised the company that if it sets up units for recycling of raw materials, it can reduce component cost by 30 per cent. He said that the central government is promoting such units and for this it is important to take steps on the part of the company. <!–

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