Demand may be high in Europe for the Mercedes EQC, but as Maarten Vinkhuyzen has explained for us before, automakers have a much easier time selling EVs in Europe due to both its stronger vehicle emission regulations (forcing automakers to start selling EVs in higher quantities or face fines) and a better dealership system (customers are accustomed to ordering their cars in advance rather than going onto a dealership lot and choosing from the options on hand). The need to increase a good flow of EV sales in Europe is only growing, too. The EU Parliament is now mandating a 37.5% cut in new vehicle emissions by 2030.
Naturally, people who are reservation holders of the EQC may cancel and decide to purchase a Tesla for either a similar or even a lower price. They may conclude that while they previously thought it was wiser and “safer” to go with a conventional automaker, Tesla is in fact leading the industry for a reason.
This delay means that Mercedes, which is owned by Daimler, may suffer some financial consequences as Tesla and other EV makers — such as Audi, BMW, and Jaguar — pass it up on the road to meeting US EV demands. Daimler just announced plans last month to cut thousands of jobs. Perhaps being late to the electric party was not a good idea.