INCONVERSATION

Finally, what role does India play in Mercedes-Benz's global strategy for electric car manufacturing, and how is the company leveraging the country's resources and talent to advance its goals in this area?

India is a part of Mercedes-Benz global EV manufacturing network and first country to manufacture EQS outside Germany and amongst CKD network Indian luxury Indian luxury EV market has showcased an upward trend and we are bullish on its growth At Mercedes-Benz, we forecast 25% of our total sales volumes in the next 4 years will comprise luxury EVs. Overall India was the fastest growing market for Mercedes-Benz in 2022 and we expect the momentum to continue in 2023 as well

Electric is the future, and it is imperative that we drive ahead with upskilling and re-skilling initiatives for our talent pool, making them industry ready and create a robust e-mobility ecosystem Mercedes-Benz academy introduced an industry-focused unique EV module in its highly popular Advanced Diploma in Automotive Mechatronics (ADAM) course This initiative goes a long way in contributing to electric ecosystem of the country we