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← Newsroom/EVs & hybrids

Mercedes-Benz targets 30 per cent more EV range with new cobalt-free battery technology

Compiled by ADME Newsroom from 1 source

First reported by EV Central · 30 October at 11:43 am

Who's covering this — 1 article

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The quick read

Full coverage

EV Central·EV specialists·30 October at 11:43 am

Mercedes-Benz targets 30 per cent more EV range with new cobalt-free battery technology

Mercedes-Benz is developing cobalt-free LNMO batteries that could boost EV range by 30 per cent compared with LFP, but production timing remains unconfirmed. The post Mercedes-Benz targets 30 per…

Read at EV Central →

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The quick read

  • Mercedes-Benz is developing cobalt-free LNMO batteries to boost EV range
  • The new batteries could increase EV range by 30 per cent compared to LFP
  • Production timing for the new batteries remains unconfirmed
  • The development of cobalt-free batteries is a significant step for Mercedes-Benz's EV strategy

For dealers: Australian dealers should prepare for potential changes in EV demand and pricing as a result of Mercedes-Benz's new battery technology

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

Mercedes-Benz's development of cobalt-free LNMO batteries is a significant threat to competitors who have not yet made similar investments in EV technology

The potential 30 per cent increase in EV range could lead to a surge in demand for Mercedes-Benz EVs, putting pressure on dealers to manage stock and ordering effectively

What it means for the order bank

Dealers who are prepared to adapt their ordering strategies to meet the anticipated demand for Mercedes-Benz EVs will be well-positioned to capitalize on the potential sales boost

The lack of production timing confirmation means that dealers will need to stay vigilant and be prepared to respond quickly to any announcements from Mercedes-Benz

Competitor response and pricing

Competitors who have not invested in similar EV technology may be forced to respond with price cuts or other incentives to remain competitive, which could impact Mercedes-Benz's pricing strategy and margin

Dealers should be prepared to handle potential price negotiations and customer inquiries about the new battery technology

Taking action

This week, dealers can start reviewing their current EV stock and ordering strategies to identify areas for improvement and prepare for the potential surge in demand for Mercedes-Benz EVs

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