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With flagship electric car, Mercedes takes fight to Tesla
Daimler AG, a German multinational automotive corporation, Thursday unveiled the electric “sibling” of its flagship Mercedes-Benz S-Class luxury sedan, taking the fight to market-leader Tesla Inc in the battle for market share as electric car sales take off.
The EQS is the first in a family of Mercedes-Benz cars built on a dedicated electric vehicle platform built from the ground up. It will go on sale in Europe and the United States in August, then in China in January.
Sales of electric and plug-in hybrid cars in the European Union almost trebled to over 1 million vehicles last year, accounting for more than 10% of overall sales.
“We set the bar very high,” with this car, Daimler Chief Executive Ola Källenius told reporters. “Customers in this segment expect a blend of hi-tech innovation and modern luxury… and that’s what we’re trying to achieve with the EQS.”
Daimler has not revealed pricing yet for the EQS, saying that will come in the summer closer to the launch date.
In interviews and conference calls on Thursday Källenius
avoided making any comparisons with Tesla, whose market cap of more than $700 billion dwarfs all other carmakers.
But with a range of up to 770 kilometers (478 miles) and a new display screen that will cover almost the entire dashboard – an optional feature – analysts see an effort to seize the initiative from Tesla, which had a head start over other carmakers and boasted a longer battery range and hallmark touchscreen infotainment system.
In a client note earlier this week, Deutsche Bank referred to the EQS as “Mercedes’ Tesla fighter” and said the car “will likely set the benchmark in terms of technical features, as well as design and quality,” for both traditional carmakers and newer entrants like Tesla.
Källenius said he expects more than 50% of customers will pay extra to get the display screen, which Mercedes-Benz unveiled in January.
At 56 inches (142 cm) the new “Hyperscreen” – which in width dwarfs Tesla’s vaunted 17-inch screen – will also feature in Mercedes-Benz’s other new electric models.
Källenius said the company would not provide forecasts for how many EQS models it aims to sell, or what sort of profit margins he expected the vehicle to generate.
But he said he had high expectations for the Chinese market, where there is “tremendous demand” for the traditional combustion engine S-Class model.
Daimler now joins rival Volkswagen AG with a dedicated electric platform. BMW will launch a dedicated platform in 2025.
Mercedes sales chief Britta Seeger said the launch of the EQS coincides with demand for electric vehicles that is growing faster than company executives once forecast.
“We thought by 2030 that half of our sales will be electric vehicles” and plug-in hybrid vehicles, Seeger said during a conference call. “What we currently see… is a stronger request of customers for EVs. We are even more positive that this jump can be a little bit faster.”
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Australia imposes sanctions, travel bans on four IEA officials
Australia on Saturday announced financial sanctions and travel bans on four senior officials of the Islamic Emirate of Afghanistan (IEA), citing what it described as a worsening human rights situation in the country, particularly for women and girls.
Foreign Minister Penny Wong said the targeted officials were involved “in the oppression of women and girls and in undermining good governance or the rule of law.”
Australia had been part of the NATO-led international mission in Afghanistan before withdrawing its troops in August 2021.
Wong said the sanctions target three IEA ministers and the IEA’s chief justice, accusing them of restricting women’s and girls’ access to education, employment, freedom of movement, and participation in public life.
The officials include Mohammad Khalid Hanafi, Minister for the Propagation of Virtue and the Prevention of Vice; Neda Mohammad Nadeem, Minister of Higher Education; Abdul Hakim Sharei, Minister of Justice; and Chief Justice Abdul Hakim Haqqani.
According to Wong, the measures fall under Australia’s new sanctions framework, which allows Canberra to “directly impose its own sanctions and travel bans to increase pressure on the Taliban (IEA), targeting the oppression of the Afghan people.”
Responding to the announcement, Saif-ul-Islam Khaibar, spokesperson for the Ministry for the Propagation of Virtue and the Prevention of Vice, criticized the sanctions.
He claimed that countries imposing such measures “are themselves violators of women’s rights” and called Australia’s move an insult to the religious and cultural values of Afghans.
Khaibar added that the IEA has “stopped rights violations of hundreds of thousands of women over the past four years.”
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India and Russia stress counter-terrorism, humanitarian support for Afghanistan
During Russian President Vladimir Putin’s visit to New Delhi, India and Russia issued a joint statement highlighting their close coordination on Afghanistan. Both sides appreciated the ongoing dialogue between their respective Security Councils and underscored the significance of the Moscow Format meetings in promoting regional stability.
The leaders welcomed counter-terrorism efforts targeting international terrorist groups, including ISIS, ISKP, and their affiliates, expressing confidence in a comprehensive and effective approach to combating terrorism in Afghanistan. They also stressed the urgent need to ensure uninterrupted humanitarian assistance to the Afghan people.
India and Russia have maintained close ties on regional security, particularly concerning developments in Afghanistan following the Islamic Emirate’s return to power in 2021. The Moscow Format, a diplomatic platform including Afghanistan’s neighbors, has played a key role in facilitating dialogue on peace, stability, and counter-terrorism in the region.
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Five civilians killed in firing by Pakistani forces on Kandahar’s Spin Boldak
Five civilians were killed and five others wounded in firing by Pakistani troops on Spin Boldak district of Kandahar province late on Friday, sources told Ariana News.
The attack comes two days after a new round of peace talks between Afghanistan and Pakistan reportedly ended without a breakthrough, though both sides agreed to continue their fragile ceasefire.
The recent talks in Saudi Arabia were the latest in a series of meetings hosted by Qatar, Turkey and Saudi Arabia aimed at easing tensions after deadly clashes near the Durand Line in October. Dozens were killed in the clashes in October.
Islamabad claims that Afghanistan-based militants carried out the recent attacks in Pakistan. Kabul denies the allegations, saying it cannot be held responsible for security inside Pakistan.
Zabihullah Mujahid, spokesman for the Islamic Emirate, said Afghan forces had responded to the recent Pakistani attacks.
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