EV Industry Updates: Mercedes, Lexus, and Market Trends

The electric vehicle sector continues to evolve with exciting developments from Mercedes and Lexus, along with noteworthy market trends The iconic Mercedes G-wagen is set to make an electrifying entry as a die-cast model with an emphasis on sustainability On the market front, used electric vehicles (EVs) are witnessing a drop in prices compared to the previous year, making them more accessible to consumers. The 2025 Lexus UX 300h has embraced a hybrid-only model, with the acclaimed all-wheel-drive version receiving a significant upgrade in fuel efficiency EVs continue to enjoy growing popularity due to their reduced emission levels and lower operational costs compared to traditional gasoline-powered vehicles Enhancements in battery technology are gradually overcoming the challenge of limited driving ranges, ensuring that electric vehicles are practical for a broader range of consumers. Customers now have a diverse selection of EVs to choose from, spanning various sizes and catering to different needs, from compact city cars to sizable trucks.