Mercedes-Benz Group more than doubled sales of battery electric vehicles this past year. That’s just a start. The company, and its European peers, want to sell a lot more. Tesla had better pay attention.
On Tuesday, Mercedes (ticker: MBG.Germany) announced 2022 sales volumes. The company delivered 2,043,900 vehicles to retail customers, down 1% year over year. That isn’t a surprise, as supply-chain problems have constrained global auto production for years.