Mercedes-benz Group Ag · XETR:MBG
Mercedes-benz — Q2 2022 Earnings Presentation
92 slides from Mercedes-benz's earnings presentation, 2022
Slide 1: Roadshow Presentation Q2 2022 Mercedes-Benz Group AG
Roadshow Presentation Q2 2022 Mercedes-Benz Group AG
Slide 2: Agenda
Internal AGENDA I. RESULTS Q1 2022 II. OUTLOOK FY 2022 III. STRATEGY 1. MERCEDES-BENZ CARS 1.1 LUXURY STRATEGY 1.2 ELECTRIFICATION & AUTOMATED DRIVING 2. MERCEDES-BENZ VANS 3. MERCEDES-BENZ MOBILITY Roadshow Presentation Q2 2022 2
Slide 3: Mercedes-Benz Group: Key figures
Internal Mercedes-Benz Group: Key figures* Revenue EBIT EBIT adj. Free Cash Flow (IB) Net Industrial Liquidity in billion euros in billion euros in billion euros in billion euros in billion euros +7% -9% 36.4 21.0 34.1 19.1 +6% +8% 4.6 4.9 4.4 4.6 -34% 2.2 1.4 Q2 2021 Q2 2022 Q2 2021 Q2 2022 Q2 2021
Slide 4: Minimizing the impact of limited gas supply
Internal Mercedes-Benz Group: Minimizing the impact of limited gas supply Mercedes-Benz is a global company. Risk of bottlenecks in gas supply existing in Europe. Gas supply at our plants currently stable. First measures executed to reduce consumption; further significant reduction potential identif
Slide 5: Mercedes-Benz Cars: Key messages
Internal Mercedes-Benz Cars: Key messages Performance: Demonstrated resilience in challenging environment, vigilance towards macroeconomic & geopolitical developments Profitability: Net pricing positive & healthy mix Products: GLC world premiere, EQE start of sales, EQS SUV production ramp-up Techno
Slide 6: Preparing our production network for our all-electric portfolio
Internal Mercedes-Benz Cars: Preparing our production network for our all-electric portfolio Decision reached on new production setup in close cooperation with employee representatives Foundation for rapid, efficient & flexible scaling of next-generation electric vehicles Models of Entry (MMA) and C
Slide 7: Top-End Luxury and electric vehicle unit sales
Internal Mercedes-Benz Cars: Top-End Luxury and electric vehicle unit sales In thousand units -7% 521 Top-End 487 -3% Luxury 78 75 78* 75* +7% 11 9 G 4 5 Maybach 64 59 Core Luxury 266 273 38 32 AMG 21 31 BEV thereof S Entry 40 EQS 39 Luxury** 177 35 32 PHEV 139 GLS Q2 2021 Q2 2022 Q2 2021 Q2 2022 Q2
Slide 8: Mercedes-Benz Cars: Financials
Internal Mercedes-Benz Cars: Financials Sales Revenue EBIT adj. CFBIT adj. in thousand units in billion euros in billion euros in billion euros +8% -7% 521.2 27.0 +20% 487.1 3.8 25.0 +18% 3.2 2.9 2.5 +9% 70.3* 64.4* Q2 2021 Q2 2022 Q2 2021 Q2 2022 Q2 2021 Q2 2022 Q2 2021 Q2 2022 * ASP in thousand eu
Slide 9: Mercedes-Benz Cars: Q2 2022 EBIT & RoS
Internal Mercedes-Benz Cars: Q2 2022 EBIT & RoS In million euros Gross Profit +641 1,445 80 5 94 3,833 3,792 -884 -69 -38 -41 180 3,201 3,021 Strongly improved net pricing Favourable product mix RoS: RoS: RoS: RoS: Discounting of non-current provisions 14.2% 14.0% 12.1% 12.8% Lower unit sales due to
Slide 10: Mercedes-Benz Cars: EBIT to CFBIT
Internal Mercedes-Benz Cars: EBIT to CFBIT In million euros 3,792 555 2,948 389 2,393 -1,172 1,476 -518 CCR: CCR: 0.8 0.6 t/o t/o t/o • Legal proceedings + 147 • New vehicle stock - 620 • ACC - 390 -1,574 • BBAC Dividend + 661 • Restructuring + 18 • Unfinished product - 580 • Result at-equity BBAC -
Slide 11: Mercedes-Benz Vans: Key messages
Internal Mercedes-Benz Vans: Key messages Performance: Stable unit sales and increased revenue despite semiconductor shortage Market: Record sales of Sprinter and Metris in the US Profitability: Double digit margin reflects healthy mix and pricing Electrification: Share of eVans increased significan
Slide 12: Mercedes-Benz Vans: Financials
Internal Mercedes-Benz Vans: Financials Sales Revenue EBIT adj. CFBIT adj. in thousand units in billion euros in million euros in million euros +2% +12% 98.4 100.1 4.1 -1% 3.7 418 +11% 414 333 thereof 299 Q2 2021 Q2 2022 Q2 2021 Q2 2022 Q2 2021 Q2 2022 Q2 2021 Q2 2022 Roadshow Presentation Q2 2022 1
Slide 13: Mercedes-Benz Vans: Q2 2022 EBIT & RoS
Internal Mercedes-Benz Vans: Q2 2022 EBIT & RoS In million euros Gross Profit +35 230 -9 432 418 48 414 -186 382 -14 -24 -10 -53 -32 Strongly improved net pricing RoS: RoS: RoS: Favourable product mix RoS: 11.8% 11.4% Discounting of non-current provisions 10.1% 9.3% Higher raw material prices Supply
Slide 14: Mercedes-Benz Vans: EBIT to CFBIT
Internal Mercedes-Benz Vans: EBIT to CFBIT In million euros 382 79 333 110 254 2 -12 -161 CCR: 0.8 -68 CCR: 0.7 t/o • New vehicle stock - 301 • Trade payables + 282 • Legal proceedings + 79 Net investments Depreciation and CFBIT EBIT Change in working Net financial CFBIT in pp&e and amortization/ Ot
Slide 15: Mercedes-Benz Mobility: Key messages
Internal Mercedes-Benz Mobility: Key messages New business still impacted due to supply constraints and lower penetration Interest margin remains stable despite increasing interest rates Net credit losses at low level similar to 2021 Increase in Cost of Credit Risk driven by weaker macroeconomic out
Slide 16: Mercedes-Benz Mobility: Financials
Internal Mercedes-Benz Mobility: Financials New Business Contract Volume EBIT adj. in billion euros in billion euros in million euros +1% -18% -33% 17.2 133.7 135.0 930 14.1 624 Q2 2021 Q2 2022 12/31/2021 06/30/2022 Q2 2021 Q2 2022 Roadshow Presentation Q2 2022 16
Slide 17: Mercedes-Benz Mobility: Q2 2022 EBIT & RoE
Internal Mercedes-Benz Mobility: Q2 2022 EBIT & RoE In million euros 56 924 6 930 -248 15 624 0 624 -108 -2 -18 RoE: RoE: 23.9% 24.0% RoE: RoE: Margin remains stable despite increase in funding costs 17.1% 17.1% Favourable FX development Reduced volume due to Daimler Truck spin-off, supply constrain
Slide 18: Mercedes-Benz Group: Q2 2022 EBIT
Internal Mercedes-Benz Group: Q2 2022 EBIT* In million euros 632 -4 56 4,939 187 4,561 -306 4,622 4,374 -317 • Legal proceedings + 107 • Restructuring + 65 • Legal proceedings - 73 • M&A transactions + 15 • M&A transactions - 244 EBIT EBIT EBIT Mercedes-Benz Mercedes-Benz Mercedes-Benz EBIT Adjustme
Slide 19: Reconciliation from CFBIT to Free Cash Flow
Internal Mercedes-Benz Group: Reconciliation from CFBIT to Free Cash Flow In million euros 254 2,393 652 2,069 14 21 -985 1,417 -280 • Legal proceedings + 226 • Restructuring + 16 • M&A transactions + 410 Free cash flow Free cash flow Mercedes-Benz Mercedes-Benz Income taxes Effects from Other recon
Slide 20: Mercedes-Benz Group: Net Industrial Liquidity
Internal Mercedes-Benz Group: Net Industrial Liquidity In billion euros 3.1 1.6 22.7 -1.3 -1.5 -0.5 0.3 19.1 -5.3 Free cash flow industrial business Q2 2022: € 1.4 billion Additions to Net Industrial Earnings and Depreciation and Investments in Net Industrial Working capital property, plant, Dividen
Slide 21: Agenda
Internal AGENDA I. RESULTS Q1 2022 II. OUTLOOK FY 2022 III. STRATEGY 1. MERCEDES-BENZ CARS 1.1 LUXURY STRATEGY 1.2 ELECTRIFICATION & AUTOMATED DRIVING 2. MERCEDES-BENZ VANS 3. MERCEDES-BENZ MOBILITY Roadshow Presentation Q2 2022 21
Slide 22: Mercedes-Benz Divisional Guidance 2022
Internal Mercedes-Benz Divisional Guidance 2022 ASSUMPTION The macroeconomic and geopolitical conditions continue to be characterized by an exceptional degree of uncertainty. A key factor contributing to this is the war in Ukraine, with its effects on supply chains and on the availability and the de
Slide 23: Mercedes-Benz Group Guidance 2022
Internal Mercedes-Benz Group Guidance 2022 ASSUMPTION The macroeconomic and geopolitical conditions continue to be characterized by an exceptional degree of uncertainty. A key factor contributing to this is the war in Ukraine, with its effects on supply chains and on the availability and the develop
Slide 24: Agenda
Internal AGENDA I. RESULTS Q1 2022 II. OUTLOOK FY 2022 III. STRATEGY 1. MERCEDES-BENZ CARS 1.1 LUXURY STRATEGY 1.2 ELECTRIFICATION & AUTOMATED DRIVING 2. MERCEDES-BENZ VANS 3. MERCEDES-BENZ MOBILITY Roadshow Presentation Q2 2022 24
Slide 25: Strategic priorities for this year – implementation on track
Internal Strategic priorities for this year – implementation on track Scale Grow Accelerate Alleviate Focus electric luxury car supply relentlessly vehicles business software constraints on costs Significant increase of MBSU May 19th MBSU preparation On course Deep sourcing progress BEV sales Roadsh
Slide 26: Three levers to sustainably improve our cash flow
Internal Three levers to sustainably improve our cash flow “Improve “Establish “Free up cash” cash flow steering” cash flow culture” Reduction of working capital: Creating more Cash flow as part of the from purchase to production transparency and Mercedes-Benz DNA: from to sales visibility man
Slide 27: Agenda
Internal AGENDA I. RESULTS Q1 2022 II. OUTLOOK FY 2022 III. STRATEGY 1. MERCEDES-BENZ CARS 1.1 LUXURY STRATEGY 1.2 ELECTRIFICATION & AUTOMATED DRIVING 2. MERCEDES-BENZ VANS 3. MERCEDES-BENZ MOBILITY Roadshow Presentation Q2 2022 27
Slide 28: The original and most valuable luxury car brand
Internal Mercedes-Benz – The original and most valuable luxury car brand Heritage: Formula 1: Mercedes-Benz is built on constant reinvention The power of F1 for our brand 37% female 54% under 35 823 m fans Source: Interbrand Best Global Brands 2021 Roadshow Presentation Q2 2022 28
Slide 29: There’s no luxury without sustainability
Internal Zeitgeist relevance: There’s no luxury without sustainability Our sustainability goals: 2022 2025 2030 2039 CO2-neutral Up to ready to go all electric Carbon production 50% xEVs where market neutrality conditions allow Roadshow Presentation Q2 2022 29
Slide 30: Growth: The luxury segment is resilient, profitable and accelerating
Internal Growth: The luxury segment is resilient, profitable and accelerating Adults with wealth above USD 1 m Wealth growth even in mature markets (individuals in million) (individuals in million) 84 North America 22 28 56 Europe 16 24 China 5 10 2020 2025 Source: Credit Suisse, Global Wealth Repor
Slide 31: Understanding our customers
Internal Understanding our customers 50% ~180% 60% more adults with wealth expected contribution from GenY & GenZ of car buyers under the above 1 million USD to total growth in personal luxury goods age of 45 are likely to purchase (2020-2025) market from 2019 to 2025 their next car online Source: C
Slide 32: Approaching our customers
Internal Approaching our customers 20 80% 25% Roadshow Presentation Q2 2022 32
Slide 33: Exclusivity: Significant progress with our top-end vehicles
Internal Exclusivity: Significant progress with our top-end vehicles and increasingly electric with even more conquest potential +30% ~60% Expected growth of top-end vehicle share Top-end vehicle unit sales in 2021 of total Mercedes-Benz sales 2019-2026 Roadshow Presentation Q2 2022 33
Slide 34: Developing Desire
Internal Developing Desire Roadshow Presentation Q2 2022 34
Slide 35: Desire for… TECH: Digital innovations for China
Internal Desire for… TECH Digital innovations for China In-house developed Roadshow Presentation Q2 2022 35
Slide 36: Our game plan: generate returns consistent with our luxury status
Internal Our game plan: generate returns consistent with our luxury status - Focus on pricing power - Drive ASP higher - Optimise product portfolio - Find a superior operating equilibrium - Tap full potential of top-end segment - Structurally higher profitability and improved - Exit lower margin pro
Slide 37: The power of pricing is part of our strategy
Internal The power of pricing is part of our strategy Key Levers - Superior brand drives pricing power - Strong products enable ambitious initial price setting versus competition - Sustainable price escalation - Tight discounts: from sales push to lifecycle management - Direct sales model allows gri
Slide 38: Reshaped model portfolio will drive profitable sales growth
Internal Reshaped model portfolio will drive profitable sales growth Change of Mercedes-Benz 2021-2026 segment share in 2.3 m cars 1.9 m cars Car Sales CAGR approx. 5% p.a. 2026 vs. 2019 Around Top-End Luxury +60% Core Luxury 0% Entry Luxury -25% 2019 2021 2026 Roadshow Presentation Q2 2022 38
Slide 39: Entry Luxury – Focus & Elevate
Internal Entry Luxury – Focus & Elevate - Elevate to Entry Luxury 680k 570k - Product range refocused on fewer and more upscale portfolio positions: 4 bodystyles instead of 7 -25% - The new entrance point of the portfolio is being redefined with the next around +20% significantly up generation of ve
Slide 40: Core Luxury – Grow & Refine
Internal Core Luxury – Grow & Refine - Core Luxury going electric on an accelerated timescale, leveraging EVA 1.350k 1.030k (EQE, EQE-SUV) and then MB.EA architectures flat - Very attractive C-Class in the market GLC to launch end of 2022 Brand new E-Class in 2023 around +25% regular price adjustmen
Slide 41: Top-End Luxury – Expand & Enhance
Internal Top-End Luxury – Expand & Enhance - Starting point: Over 300k top-end luxury units with ASP of > € 100k and 250k 305k top-end profitability - Sustainable segment growth +60% - Desirable products fueling growth: EQS, EQS-SUV, EQS-SUV Maybach, SL, GT, AMG-EA around +15% regular price adjustme
Slide 42: Changing our economic equation
Internal Changing our economic equation - Enhance ROIC: control the denominator while raising the numerator (operating and cash margins) - Drive growth through high utilisation, ‚reverse auction‘ of available capacity to build the most profitable models - 75% of capital allocation focused on top-end
Slide 43: Our financial ambitions for Mercedes-Benz Cars in 2025
Internal Our financial ambitions for Mercedes-Benz Cars in 2025: structurally higher profitability and lower margin volatility Market level, competitive actions, commodity and raw material markets > -20% vs. 2019 > -20% vs. 2019 > -20% vs. 2019 > -20% vs. 2019 > -20% vs. 2019 > -20% vs. 2019 approx.
Slide 44: Cash culture at work
Internal Cash culture at work around € 20bn Q1 2022 over € 11bn 2021 2021 65% Daimler + Q1 2022 Truck Spin-Off 2021 2020 2020 2019 2019 Roadshow Presentation Q2 2022 44
Slide 45: Bottom line
Internal Bottom line We cannot control macro- or world events. But we are redesigning & repositioning Mercedes-Benz to ensure a structurally more profitable company. Roadshow Presentation Q2 2022 45
Slide 46: Agenda
Internal AGENDA I. RESULTS Q1 2022 II. OUTLOOK FY 2022 III. STRATEGY 1. MERCEDES-BENZ CARS 1.1 LUXURY STRATEGY 1.2 ELECTRIFICATION & AUTOMATED DRIVING 2. MERCEDES-BENZ VANS 3. MERCEDES-BENZ MOBILITY Roadshow Presentation Q2 2022 46
Slide 47: CO2-neutral across the value chain
Internal Supply chain Production & Logistics Well-to-tank Tank-to-wheel End-of-life SBTi SBTi SBTi CO2-neutral CO2-neutral CO2-neutral CO2-neutral CO2-neutral supply chain production & logistics energy generation vehicle operation recycling Roadshow Presentation Q2 2022 47
Slide 48: Internal Roadshow Presentation Q2 2022
Internal Roadshow Presentation Q2 2022 48
Slide 49: At the end of the decade, our focus will be on BEV only
Internal At the end of the decade, our focus will be on BEV only By 2025, our customers will be able to choose an all-electric alternative for every model we make It’s our ambition to drive the plug-in hybrid & BEV share up to 50% in 2025. By the end of the decade, we will be ready to go all-electri
Slide 50: The EQS: the first electric vehicle in the luxury class
Internal The EQS: the first electric vehicle in the luxury class Launched in 2021 WLTP ranges of up to 780 kilometres1 With its Cd figure2 from as low as 0.20 the EQS is the world's most aerodynamic production car. Drive powers from 245 to 385 kW. A performance version with up to 560 kW is being pla
Slide 51: The EQE: the new business avant-garde
Internal The EQE: the new business avant-garde Global launch: mid-2022 Depending on the on-board equipment and configuration, WLTP operating ranges of up to 654 kilometres*. A lithium-ion battery with 10 cell modules is installed. In 15 minutes it is possible to charge the EQE with up to 35.55 kWh –
Slide 52: The EQS SUV: Redefined SUV luxury
Internal The EQS SUV: Redefined SUV luxury Launch: Second half of 2022 WLTP ranges of up to 660 kilometres1 Lithium-ion battery with up to 12 cell modules DC fast charging system with a charging capacity of up to 200 kW 15 minutes, power corresponding to a range of up to 250 kilometres2 can be recha
Slide 53: Our electric product rollout is running at full speed
Internal Our electric product rollout is running at full speed In Q2 Mercedes-Benz was able to almost doubled battery electric EQ models sales to 23,500 units (+90%). In total, the Mercedes-Benz Cars xEVs (PHEVs and BEVs EQA EQB including smart) reached 65,400 units (+2%) in Q2. 2021 In 2021 alone,
Slide 54: Three Mercedes-Benz EV-only architectures to be launched in 2025
Internal Three Mercedes-Benz EV-only architectures to be launched in 2025 Ready to go all-electric by the end of the decade* medium- and large-size cars dedicated performance for electric vans modular system as electric electric-vehicle architecture and light commercial backbone for our EV portfolio
Slide 55: Together with our partners, we will expand our activities in battery cells and systems
Internal Together with our partners, we will expand our activities in battery cells and systems Needed battery volume for all car lines Our targets: 200 Gwh Capacity of more than 200 Gigawatt hours 8 new cell factories around the world: one in the U.S., four in Europe with our partners Our partners
Slide 56: By joining ACC, we build a European battery champion
Internal By joining ACC, we build a European battery champion We take a one third stake in Automotive Cells Company (ACC). Our goal: Joint development and production of cells and modules in Europe. ACC will reach a capacity of at least 120 Gigawatt hours in Europe by the end of the decade. ACC will
Slide 57: Our batteries will be highly standardized
Internal Our batteries will be highly standardized Differentiating factors More than 90% of all future Mercedes-Benz vehicles will be based on a common battery platform Chemistry We are aiming for a modular battery system that consists of uniformly designed components and standard interfaces to the
Slide 58: Developing the next generation battery cell technology
Internal Developing the next generation battery cell technology High-Silicon Anode: increasing energy density Expected energy density by using silicon-carbon composite in the anode Solid-State: pushing energy density beyond limits of conventional lithium-ion cell, doubling energy capacity and Solid-
Slide 59: In-house electric motors are a key part of our strategy
Internal In-house electric motors are a key part of our strategy Ultra-high performance axial motors for our forthcoming AMGs. Axial flux technology allows for unmatched power density, performance, acceleration Electric motor and power electronics company YASA Ltd. will be a fully owned subsidiary o
Slide 60: VISION EQXX – taking electric range and efficiency to an entirely new level
Internal VISION EQXX – taking electric range and efficiency to an entirely new level Efficiency means achieving more from less. The VISION EQXX is packed with efficiency improvements that push the envelope with a mixture of advanced technology and talented teamwork. Following its record-breaking mai
Slide 61: Our transition plan to go BEV-only
Internal Our transition plan to go BEV-only What we told you 2025 BEV Ready to go all-electric Faster ramp down PHEV transition alternative for every by end of decade of ICE vehicles technology model What we are going to do New BEV architecture New BEV models MB.EA, AMG.EA, New battery cell New coop
Slide 62: BEV cost reduction focus
Internal BEV cost reduction focus Key levers Variable costs per unit* Material and manufacturing cost reduction of 1% until 2025 Further cost reduction on electric drive train from 2025 to 2030 Decreasing cell costs and common battery platforms Scalable modular electric only architectures * schemati
Slide 63: Radical shift in capital allocation – from EV-first to EV-only
Internal Radical shift in capital allocation – from EV-first to EV-only Key levers CAPEX and R&D investments* Additional investments for new BEV architecture MB.EA, AMG.EA, VAN.EA and intensified battery footprint Radically reduced non-BEV investments Capex share of investments decreasing 2019 2025
Slide 64: Fixed cost reduction targets stepped up
Internal Fixed cost reduction targets stepped up Key levers Fixed cost development* Covid 2020: significant fixed cost reduction 2021: temporary effects replaced by permanent measures >20% fixed cost reduction until 2025 vs. 2019 2025ff: digitization of all business areas 2019 2025 2030 After 2025 f
Slide 65: We will at least halve lifecycle CO2 emissions per vehicle in this decade
Internal We will at least halve lifecycle CO2 emissions per vehicle in this decade 100% More than half per decade End-of-life Use phase Use phase Production & Production & logistics logistics Supply chain & Supply chain raw materials 2020 2030 Roadshow Presentation Q2 2022 65
Slide 66: Sustainable supply chains for focus materials via technology changes
Internal We create sustainable supply chains for focus materials via technology changes ~90% Steel – CO2 reduction: optimised of our annual purchasing volume is supplied by companies that follow our conventional ambition to become CO2 neutral Base green electricity Aluminium sheet/cast H2GS Thermopl
Slide 67: Pledge to make vehicle production CO2 neutral this year
Internal Mercedes-Benz has pledged to make vehicle production CO2 neutral this year Mercedes-Benz global production network Together with our EV strategy, CO2 neutral production is a key driver of Ambition 2039 All Mercedes-Benz plants worldwide are producing 100% CO2 neutrally in 2022 We plan to co
Slide 68: Factory 56 is a zero-carbon factory
Internal Our Factory 56 is a zero-carbon factory and serves as a blueprint for our global Mercedes-Benz production network At our Factory 56 in Sindelfingen “producing sustainability” is already reality The innovative energy concept includes a photovoltaic system, a DC power grid and energy storage
Slide 69: We are establishing a green and CO2 neutral supply chain
Internal We are establishing a green and CO2 neutral supply chain Raw In the future, raw materials for battery materials Processed components only from IRMA-certified mines materials & components Intention to partner with lithium producer Albemarle for Recycling future lithium supply, lithium recycl
Slide 70: Circular economy: battery recycling factory in Kuppenheim
Internal Circular economy: Closing the loop with our battery recycling factory in Kuppenheim Own CO2-neutral recycling plant in Kuppenheim, southern Germany, is scheduled to open in 2023 Hydrometallurgy: Innovative technology increases recovery rate >96% to more than 96% Cooperation with high-tech p
Slide 71: The transformation of our workforce
Internal The transformation of our workforce Re-shape Re-skill Re-charge Streamlining Developing Meeting the our organization in a future-oriented Mercedes-Benz responsible way qualifications standard as an employer New technologies require a new area of expertise - Job profiles of the future: The d
Slide 72: Turn2Learn: unlimited possibilities for lifelong learning
Internal Turn2Learn: unlimited possibilities for livelong learning >1,300,000,000 € for qualification until 2030 ~1,300,000 hours of professional and personal training in 2021 Existing Learning ø 1,000 € per employee/ year Opportunities Customized Learning in Germany Paths eLearning Platforms Roadsh
Slide 73: Conditionally automated driving SAE-Level 3
Internal Conditionally automated driving SAE-Level 3: Gain time through relaxed driving Roadshow Presentation Q2 2022 73
Slide 74: Driving Assistance Package with DRIVE PILOT
Internal Driving Assistance Package with DRIVE PILOT Parking Package with 360°-Camera Roadshow Presentation Q2 2022 74
Slide 75: General Design Rules of DRIVE PILOT
Internal General Design Rules of DRIVE PILOT Roadshow Presentation Q2 2022 75
Slide 76: Functional description of DRIVE PILOT
Internal Functional description of DRIVE PILOT Driver Seat Role Resume Manual Driving Manual or Assisted Driving Fallback Ready User Driver responds to takeover request and resumes driving Observing and responding to the environment Remaining able, alert, and responsive to requests to resume driving
Slide 77: Level 3 system can be ordered since May 17, 2022
Internal The system for conditionally automated driving (SAE Level 3) can be ordered since May 17, 2022 as an optional extra for the S- Class for 5,000 Euros and for the EQS for 7,430 Euros (Driver Assistance Package Plus: 2,430 Euros and DRIVE PILOT: 5,000 Euros) excl. VAT. This makes Mercedes-Benz
Slide 78: Internal Roadshow Presentation Q2 2022
Internal Roadshow Presentation Q2 2022 78
Slide 79: The four domains of MB.OS
Internal The four domains of MB.OS Roadshow Presentation Q2 2022 79
Slide 80: To sum it up what MB.OS is all about
Internal To sum it up what MB.OS is all about MB.OS Cloud as the central brain and nervous system of our future vehicles separating hardware Car and software IoT Our chip-to-cloud stack enables real-time communication with our customers Roadshow Presentation Q2 2022 80
Slide 81: BBAC (Beijing Benz Automotive Cooperation) Joint Venture
Internal BBAC (Beijing Benz Automotive Cooperation) Joint Venture BBAC is based on a trustful partnership with our long-term partner BAIC BBAC is the largest Mercedes-Benz production facility in the world with local R&D for passenger cars. Product ranges from Compact, Midsize, and Large-mid Se
Slide 82: Agenda
Internal AGENDA I. RESULTS Q1 2022 II. OUTLOOK FY 2022 III. STRATEGY 1. MERCEDES-BENZ CARS 1.1 LUXURY STRATEGY 1.2 ELECTRIFICATION & AUTOMATED DRIVING 2. MERCEDES-BENZ VANS 3. MERCEDES-BENZ MOBILITY Roadshow Presentation Q2 2022 82
Slide 83: Mercedes-Benz Vans Strategy
Internal Mercedes-Benz Vans Strategy Our Goal We offer the world’s most desirable vans and services Target Embrace Lead Lower Our Strategic premium segments customers and in electric total cost base and Pillars and focus on grow recurrent drive and car improve industrial profitable growth revenues s
Slide 84: Mercedes-Benz Vans Ambition 2039
Internal Mercedes-Benz Vans Ambition 2039 The ambition of Mercedes-Benz Vans is to make our fleet of new private and commercial Vans CO₂-neutral over the entire lifecycle1 by 2039. PRODUCTION USE PHASE END OF LIFE Cradle-to-gate Well-to-wheel Recycling Supply chain/ In- & outbound Mercedes-Benz Fuel
Slide 85: Mercedes-Benz Vans SUSTAINEER
Internal Mercedes-Benz Vans SUSTAINEER Solar Panel Digital Interior Mirror Daylight+ Sustainable Materials Heated Seat Belt Innovative Breaks Optimized Tires Vegan Heated Steering Wheel Front Module Filter Electric (fine particulate air Underbody Filter (fine Sidewalk Drive filter) Speed Mirror part
Slide 86: Electrifying Mercedes-Benz Vans VAN.EA
Internal Strategy priority: Electrifying Mercedes-Benz Vans Mercedes-Benz Vans is fully committed and dedicated to electrification Holistic Approach: From small over mid-size to large, we electrify every van segment eCitan * VAN.EA eVito eSprinter EQV EQT** current eVan portfolio next generation all
Slide 87: The next-generation eSprinter
Internal The next-generation eSprinter An intelligent, modular solution with three core elements Front module for high-voltage Rear module with components electrically driven rear axle Choice of • 2 wheel bases • 3 battery capacity levels Large | Medium | Small Underfloor module for high-voltage bat
Slide 88: Agenda
Internal AGENDA I. RESULTS Q1 2022 II. OUTLOOK FY 2022 III. STRATEGY 1. MERCEDES-BENZ CARS 1.1 LUXURY STRATEGY 1.2 ELECTRIFICATION & AUTOMATED DRIVING 2. MERCEDES-BENZ VANS 3. MERCEDES-BENZ MOBILITY Roadshow Presentation Q2 2022 88
Slide 89: Mercedes-Benz Mobility Strategy
Internal Mercedes-Benz Mobility Strategy Roadshow Presentation Q2 2022 89
Slide 90: Mercedes-Benz Mobility Role & Contribution
Internal Mercedes-Benz Mobility Role & Contribution As an integral part of Mercedes-Benz, we secure the company’s position as a global leader by leveraging customer data and insights generated through our numerous touchpoints with our clients. We retain them in the Mercedes-Benz ecosystem and offer
Slide 91: Mercedes-Benz Mobility Product Range
Internal Mercedes-Benz Mobility Product Range CREDIT LEASING FLEET SUBSCRIPTION RENT INSURANCE SERVICES CHARGING, PAYMENT, ETC. As integral part of the Mercedes-Benz customer journey Roadshow Presentation Q2 2022 91
Slide 92: Disclaimer
Internal Disclaimer This document contains forward-looking statements that reflect our current views about future events. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “intend,” “may,” ”can,” “could,” “plan,” “project,” “should” and similar expressions are used to identify forwa