Mercedes-Benz India to launch first plug-in hybrid in S-Class by December 2024
Mercedes-Benz India will introduce its first PHEV in the S-Class by December 2024, priced at Rs 2.2-2.3 crore as a CBU import. Despite 40% GST on plug-ins versus 5% on EVs, pricing stays competitive against rivals like the BMW i7 due to a smaller battery. Localisation hinges on demand.
Mercedes-Benz India will launch its first plug-in hybrid in the S-Class by December 2024 at Rs 2.2-2.3 crore, imported as CBU. Pricing aligns with EV rivals despite 40% GST due to smaller battery; localisation depends on demand.