Mercedes will drop “EQ” branding from EV names in 2024
Mercedes is going to drop the “EQ” branding from the names of their electric cars as early as 2024, citing confusion from customers, as reported by Handelsblatt.
In recent years, Mercedes has branded its electric offerings and concepts with an “EQ” badge, meant to stand for “electric intelligence” in a riff on the concept of “IQ.”
So far, each of Mercedes’ EVs have included the letters “EQ” in their name.
This seems simple enough, but eventually you end up with alphabet soup. In various regions, Mercedes sells or will soon sell an EQA, EQB, EQC, EQE, EQE SUV, EQS, EQS SUV, EQV, and potentially an EQG and EQT.
Most Mercedes models have stuck with a model designation based on size or body type, but EQ models designate themselves based on electric drive. This could lead customers to think that EQ models have something similar in terms of size or body type, when in fact the EQT and EQA have nothing in common except powertrain.
And Mercedes’ gas vehicles don’t use lettering based on powertrain, so why should the electric models do so? It’s not consistent with the rest of Mercedes’ branding.
Especially given the future of the company. Mercedes has already declared death of the internal combustion engine, and after 2025, every new vehicle architecture it introduces will be electric.
The timeline for retiring the EQ brand meshes with this electric-only timeline. Mercedes says that the first non-EQ electric model they introduce will be their next generation of compact cars, which should be on the market in late 2024.
Electrek’s Take
To me, this is a good and overdue move.
As far as I’m concerned, almost every electric model name out there currently is bad or confusing in some way or another. Either they take the same name as a gas model (Niro, Kona), confuse model names with sub-brand names (Ioniq, e-tron), silo electric vehicles into a sub-brand which could be killed off (BMW i), or have long and ridiculous names which are impossible for the consumer to understand at a glance (2023 BMW X5 xDrive45e Sports Activity Vehicle®).
All of these, I think, are an indication of an automaker not taking electric models seriously in some way or another. Gas models don’t get this treatment (ok, so in BMW’s case they do) – they usually get a regular model name, distinct from other models, treated and advertised as its own program by the automaker. Malibu. Corolla. Integra. Expedition. Tucson.
Why can’t we get more electric models like that? One of few models from an incumbent manufacturer that fits this naming convention is the Porsche Taycan. It’s a real car with a real model name treated as something distinct by the company that makes it. Do more of that.
Mercedes doesn’t really use this sort of designation for any of their vehicles, to be fair. They mostly stick with letters and numbers for their gas models as well. But having an “EQ” sub-brand still inspired some skepticism from me after seeing what BMW did with their “i” sub-brand.
BMW was ahead of the curve with EVs, with the Mini E, ActiveE and BMW i3 all released quite early in the game. But then they just… stopped. Nothing was done with the “i” brand for several years, and internally the whole department was de-emphasized. This even ended up leading to former CEO Harald Kruger’s resignation – rumors were, he came in with electrification as a priority, but executives under him came together and refused to cooperate, and he was unable to overpower them.
So this is the worry about companies siloing their EV development into its own department. If they do this, it’s entirely possible for some misguided executive(s) to push to defund that department, as we saw in BMW, and I worry that that’s possible with other companies as well. Ford was hailed for its “Team Edison” strategy, which works well as long as Jim Farley is here to push electrification, but what if a less-electrifying executive comes to the head? Could Edison be killed off?
So really, to me, the best solution is to just stop trying to get clever with EVs and treat them like you would treat any other model program. Take them seriously. Stop messing around. And it looks like Mercedes is doing this, which is good.
Unfortunately this also means that Mercedes will end up selling some EVs that are EQ-branded while selling some EVs that are not EQ-branded during the transition to this new system, which may lead to even more confusion in the meantime – much like Audi’s transition between using e-tron as a model name for their first electric SUV and their current status using e-tron as a designation for all of their electric models. But in the long term, treating EVs like normal models, like they should have done in the first place (*ahem*), will make things much easier on everyone.
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EV sales kept up their momentum in December 2024, with incentives playing a big role, according to the latest Cox Automotive’s Kelley Blue Book report.
December’s strong EV sales saw an average transaction price (ATP) of $55,544, which helped push the industry-wide ATP higher, according to Kelley Blue Book. The December ATP for an EV was higher year-over-year by 0.8%, slightly below the industry average, and higher month-over-month by 1.1%. Tesla ATPs were higher year-over-year by 10.5%.
Incentives for EVs remained elevated in December, although they were slightly lower month-over-month at 14.3% of ATP, down from 14.7% in November.
EV incentives were higher by an impressive 41% year-over-year and have been above 12% of ATP for six consecutive months. Strong sales incentives, which averaged more than $6,700 per sale in 2024, were one reason EV sales surpassed 1.3 million units last year, according to Cox Automotive, a new record for volume and share.
(My colleague Jameson Dow reported yesterday, “In 2024, the world sold 3.5 million more EVs than it did in the previous year … This increase is larger than the 3.2 million increase in EV sales from the previous year – meaning that EV sales aren’t just up, but that the rate of growth is itself increasing.”)
Kelley Blue Book estimated that in December, approximately 84,000 vehicles – or 5.6% of total sales – transacted at prices higher than $80,000 – the highest volume ever. KBB lumps gas cars and EVs together into this luxury vehicle category, so this is where Tesla Cybertruck is slotted.
However, Tesla bundles sales figures of Cybertruck with Model S, Model X, and Tesla Semi(!) into a category it calls “other models,” so we don’t know for sure exactly how many Cybertrucks Tesla sold in Q4, much less in December. However, Electrek‘s Fred Lambert estimates between 9,000 and 12,000 Cybertrucks were sold in Q4, and that’s not a stellar sales figure.
What will January bring when it comes to EV ATPs? What about tax credits? Check back in a month and I’ll fill you in.
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Tesla is now claiming that Cybertruck was the ‘best-selling electric pickup in US’ last year despite not even reporting the number of deliveries.
There’s a lot of context needed here.
As we often highlighted, Tesla is sadly one of, if not the most, opaque automakers regarding sales reports.
Tesla doesn’t break down sales per model or even region.
For comparison, here’s Ford’s Q4 2024 sales report compared to Tesla’s:
You could argue that Tesla has fewer models than Ford, and that’s true, but Tesla’s report literally has two lines despite having six different models.
There’s no reason not to offer a complete breakdown like all other automakers other than trying to make it hard to verify the health of each vehicle program.
This has been the case with the Cybertruck. Tesla is bundling its Cybertruck deliveries with Model S, Model X, and Tesla Semi deliveries.
Despite this lack of disclosure, Tesla has been able to claim that the Cybertruck has become “the best-selling electric pickup truck” in the US in 2024:
It very well might be true. Ford disclosed 33,510 F-150 Lightning truck deliveries in the US in 2024 while most estimates are putting Cybertruck deliveries at around 40,000 units.
Those are global deliveries, but Tesla only delivered the Cybertruck in the US, Canada, and Mexico in 2024, and most of the deliveries are believed to be in the US.
However, there’s essential context needed here, as we highlighted in our recent ‘Tesla Cybertruck sales are disastrous‘ article.
First off, Tesla had a backlog of over 1 million reservations for the Cybertruck that it has been building since 2019. This led many to believe Tesla already had years of demand baked in for the truck and that production would be the constraint.
However, based on estimates, again, because Tesla refuses to disclose the data, Cybertruck deliveries were either flat or down in Q4 versus Q3 despite Tesla introducing cheaper versions of the vehicle and ramping up production.
Again, that’s after just about 40,000 deliveries.
Furthermore, with almost 11,000 deliveries in Q4 in the US, Ford more likely than not outsold Cybertruck with the F-150 Lightning in Q4.
Electrek’s Take
Tesla is in damage control here. There’s no doubt that it is having issues selling the Cybertruck.
Inventory is full of Cybertrucks and Tesla is now discounting them and offering free lifetime Supercharging.
Tesla is great at ramping up production, and it’s clear the Cybertruck is not production-constrained anymore. It is demand-constrained despite having over 1 million reservations.
Again, those reservations were made before Tesla unveiled the production version, which happened to have less range and cost significantly more.
The upcoming cheaper single motor version should help with demand, but I have serious doubts Tesla can ramp this program up to more than 100,000 units in the US.
As a reminder, Tesla installed a production capacity of 250,000 units annually and Musk said he could see Tesla selling 500,000 Cybertrucks per year.
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