Mercedes-benz Group Ag · XETR:MBG
Mercedes-benz — Q3 2022 Earnings Presentation
84 slides from Mercedes-benz's earnings presentation, 2022
Slide 1: Roadshow Presentation Q3 2022
Roadshow Presentation Q3 2022 Mercedes-Benz Group AG
Slide 2: Agenda
AGENDA I. RESULTS Q3 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 Q3 2022 2
Slide 3: Mercedes-Benz Group: Key figures
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 +19% +11% +72% 37.7 +83% 23.3 5.3 5.2 21.0 31.6 0% 3.1 3.0 3.0 2.8 Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2021 Q3 202
Slide 4: Mercedes-Benz Cars: Key messages
Mercedes-Benz Cars: Key messages Products: Start of sales EQS SUV and GLC; World Premiere EQE SUV Profitability: Sustaining high margins with healthy mix and pricing Performance: Robust demand in volatile markets; demand exceeds constrained supply Partnerships: Signed MoU with government of Canada;
Slide 5: Mercedes-Benz Cars: Top-End Luxury and electric vehicle unit sales
Mercedes-Benz Cars: Top-End Luxury and electric vehicle unit sales In thousand units +38% 530 +39% +5% 79 85 79* 75* G 383 9 9 5 Maybach Top-End 5 37 BEV 75 61 Luxury 293 36 AMG 19 31 Core 193 Luxury S EQS 48 PHEV 41 42 40 GLS Entry 158 115 EQS SUV*** Luxury** Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2021
Slide 6: Mercedes-Benz Cars: Financials
Mercedes-Benz Cars: Financials Sales Revenue EBIT adj. CFBIT adj. in thousand units in billion euros in billion euros in billion euros +38% +26% 530.4 28.2 +106% 4.1 22.4 383.5 -2% 3.6 3.6 2.0 +3% 75.4* 73.4* Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2021 Q3 2022 * ASP in thousand euros exc
Slide 7: Mercedes-Benz Cars: Q3 2022 EBIT & RoS
Mercedes-Benz Cars: Q3 2022 EBIT & RoS In million euros Gross Profit +2,071 2,950 102 478 4,081 4,034 -981 -47 -203 -28 -222 147 1,985 RoS: RoS: 1,838 14.5% 14.3% Significantly increased unit sales Strongly improved net pricing RoS: RoS: Higher at-equity contribution from BBAC 8.2% 8.8% Higher raw m
Slide 8: Mercedes-Benz Cars: EBIT to CFBIT
Mercedes-Benz Cars: EBIT to CFBIT In million euros 4,034 188 1,549 178 3,552 3,374 -402 -417 -1,578 CCR: CCR: 0.8 0.9 t/o • New vehicle stock - 2,128 t/o • Legal proceedings + 166 • Unfinished product + 734 • Result at-equity BBAC - 585 • Restructuring + 12 Net investments Depreciation and CFBIT EBI
Slide 9: Mercedes-Benz Vans: Key messages
Mercedes-Benz Vans: Key messages Performance: Significantly increased unit sales despite semi-conductor shortages Profitability: Continuing strong margin with healthy mix and net pricing Market: Robust demand in key markets Partnerships: Signed MoU with Rivian for joint production and further accele
Slide 10: Mercedes-Benz Vans: Financials
Mercedes-Benz Vans: Financials Sales Revenue EBIT adj. CFBIT adj. in thousand units in billion euros in million euros in million euros +18% +22% 104.0 +5% 4.3 +189% 529 88.0 546 504 3.5 thereof 189 Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2021 Q3 2022 Q3 2021 Q3 2022 Roadshow Presentation Q3 2022 10
Slide 11: Mercedes-Benz Vans: Q3 2022 EBIT & RoS
Mercedes-Benz Vans: Q3 2022 EBIT & RoS In million euros Gross Profit +258 35 584 85 546 497 51 -49 -361 -31 -5 RoS: RoS: 12.7% 24 189 11.5% 165 Significantly increased unit sales Strongly improved net pricing RoS: RoS: Positive Impact from China business activities 4.7% • Restructuring + 2 5.3% High
Slide 12: Mercedes-Benz Vans: EBIT to CFBIT
Mercedes-Benz Vans: EBIT to CFBIT In million euros 24 5 95 529 497 108 434 -63 -137 CCR CCR 1.0 0.9 t/o • New vehicle stock - 128 • Trade payables + 202 • Legal proceedings + 95 Net investments Depreciation and CFBIT EBIT Change in working Net financial CFBIT in pp&e and amortization/ Other Adjustme
Slide 13: Mercedes-Benz Mobility: Key messages
Mercedes-Benz Mobility: Key messages New business impacted by lower penetration Interest margin with headwinds from increasing interest rates Increase in credit risk reserves driven by weaker macroeconomic outlook Net credit losses at low level similar to 2021 Transfer of remaining Truck business al
Slide 14: Mercedes-Benz Mobility: Financials
Mercedes-Benz Mobility: Financials New Business Contract Volume EBIT adj. in billion euros in billion euros in million euros +2% -3% 14.6 133.7 135.7 14.3 -39% 943 577 Q3 2021 Q3 2022 12/31/2021 09/30/2022 Q3 2021 Q3 2022 Roadshow Presentation Q3 2022 14
Slide 15: Mercedes-Benz Mobility: Q3 2022 EBIT & RoE
Mercedes-Benz Mobility: Q3 2022 EBIT & RoE In million euros 49 943 0 943 -122 25 577 0 577 -237 -5 RoE: RoE: -76 23.3% 23.3% Favorable FX development RoE: RoE: Increase in credit risk reserves driven by weaker macroeconomic outlook 15.8% 15.8% Interest margin with headwinds due to increasing interes
Slide 16: Mercedes-Benz Group: Q3 2022 EBIT
Mercedes-Benz Group: Q3 2022 EBIT* In million euros 357 2,096 148 5,344 5,196 -366 -148 271 3,109 2,838 • Legal proceedings + 74 • Restructuring + 101 • Legal proceedings - 97 • M&A transactions + 96 • M&A transactions - 51 EBIT EBIT EBIT Mercedes-Benz Mercedes-Benz Mercedes-Benz EBIT Adjustments ad
Slide 17: Mercedes-Benz Group: Reconciliation from CFBIT to Free Cash Flow
Mercedes-Benz Group: Reconciliation from CFBIT to Free Cash Flow In million euros 434 3,374 293 3,309 179 3,016 83 -875 -179 • Legal proceedings + 262 • Restructuring + 13 • M&A transactions + 18 Free cash flow Free cash flow Mercedes-Benz Mercedes-Benz Income taxes Effects from Other reconciling (i
Slide 18: Agenda
AGENDA I. RESULTS Q3 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 Q3 2022 18
Slide 19: Mercedes-Benz Divisional Guidance 2022
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 development
Slide 20: Mercedes-Benz Group Guidance 2022
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 development of p
Slide 21: Agenda
AGENDA I. RESULTS Q3 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 Q3 2022 21
Slide 22: Strategic priorities for this year - progressing
Strategic priorities for this year - progressing Scale Grow Accelerate Alleviate Focus electric luxury car supply relentlessly vehicles business software constraints on costs Fourth EVA2 vehicle in Advance in MB.OS and First direct sourcing Elevate portfolio Battling inflation launch ADAS developmen
Slide 23: Three levers to sustainably improve our cash flow
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 management t
Slide 24: Agenda
AGENDA I. RESULTS Q3 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 Q3 2022 24
Slide 25: Mercedes-Benz – The original and most valuable luxury car brand
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 Q3 2022 25
Slide 26: Zeitgeist relevance: There's no luxury without sustainability
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 Q3 2022 26
Slide 27: Understanding our customers
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: Credit Sui
Slide 28: Approaching our customers
Approaching our customers 20 80% 25% Roadshow Presentation Q3 2022 28
Slide 29: Exclusivity: Significant progress with our top-end vehicles
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 Q3 2022 29
Slide 30: Desire for… TECH: Digital innovations for China
Desire for… TECH Digital innovations for China In-house developed Roadshow Presentation Q3 2022 30
Slide 31: Our game plan: generate returns consistent with our luxury status
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 products mar
Slide 32: The power of pricing is part of our strategy
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 grip on pric
Slide 33: Reshaped model portfolio will drive profitable sales growth
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 Q3 2022 33
Slide 34: Entry Luxury – Focus & Elevate
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 vehicles -
Slide 35: Core Luxury – Grow & Refine
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 adjustments - Prot
Slide 36: Top-End Luxury – Expand & Enhance
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 adjustments - Ult
Slide 37: Changing our economic equation
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 and core
Slide 38: Our financial ambitions for Mercedes-Benz Cars in 2025
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. 8%/10% a
Slide 39: Bottom line
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 Q3 2022 39
Slide 40: Agenda
AGENDA I. RESULTS Q3 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 Q3 2022 40
Slide 41: CO2-neutral supply chain, production and lifecycle
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 Q3 2022 41
Slide 42: Roadshow Presentation Q3 2022
Roadshow Presentation Q3 2022 42
Slide 43: At the end of the decade, our focus will be on BEV only
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-electric where m
Slide 44: The EQS: The first electric vehicle in the luxury class
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 planned Powe
Slide 45: The EQE: The new business avant-garde
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 – this corre
Slide 46: The EQS SUV: Redefined SUV luxury
The EQS SUV: Redefined SUV luxury Launch: Second half of 2022 WLTP ranges of up to 671 kilometres1 Lithium-ion battery with up to 12 cell modules DC fast charging system with a charging capacity of up to 200 kW In 15 minutes, power corresponding to a range of up to 250 kilometres2 can be recharged o
Slide 47: EQE SUV: High-tech and luxury meet versatility
EQE SUV: High-tech and luxury meet versatility Launch: First half of 2023 The multi-purpose variant of the EQE business saloon WLTP ranges of up to 590 kilometres1 AMG Lithium-ion battery of 10 cell modules DC charging system with a charging capacity of up to 170 kW In 15 minutes, power correspondin
Slide 48: Three Mercedes-Benz EV-only architectures to be launched in 2025
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 vehicles
Slide 49: Together with our partners, we will expand our activities in battery cells
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 are: CATL
Slide 50: By joining ACC, we build a European battery champion
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 supply Me
Slide 51: Our batteries will be highly standardized
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 entire ve
Slide 52: Developing the next generation battery cell technology
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-State red
Slide 53: In-house electric motors are a key part of our strategy
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 of Mercede
Slide 54: VISION EQXX – taking electric range and efficiency to an entirely new level
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 maiden drive
Slide 55: BEV cost reduction focus
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 * schematic and bef
Slide 56: Radical shift in capital allocation – from EV-first to EV-only
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 >20% inve
Slide 57: Fixed cost reduction targets stepped up
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 further ne
Slide 58: We will at least halve lifecycle CO2 emissions per vehicle in this decade
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 Q3 2022 58
Slide 59: We create sustainable supply chains for focus materials
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 Thermoplastics Ba
Slide 60: Mercedes-Benz has pledged to make vehicle production CO2 neutral this year
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 cover 70% o
Slide 61: Our Factory 56 is a zero-carbon factory
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 based on
Slide 62: We are establishing a green and CO2 neutral supply chain
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 recycling and r
Slide 63: Circular economy: battery recycling factory in Kuppenheim
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 partners r
Slide 64: The transformation of our workforce
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 digital an
Slide 65: Turn2Learn: unlimited possibilities for lifelong learning
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 Roadshow Presen
Slide 66: Conditionally automated driving SAE-Level 3
Conditionally automated driving SAE-Level 3: Gain time through relaxed driving Mercedes-Benz is the first car manufacturer in the world with an international valid certification for conditional automated driving, to offer such a system. The system for conditionally automated driving (SAE Level 3) ca
Slide 67: Driving Assistance Package with DRIVE PILOT
Driving Assistance Package with DRIVE PILOT Parking Package with 360°-Camera Roadshow Presentation Q3 2022 67
Slide 68: General Design Rules of DRIVE PILOT
General Design Rules of DRIVE PILOT Roadshow Presentation Q3 2022 68
Slide 69: Functional description of DRIVE PILOT
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 Reaction
Slide 70: Roadshow Presentation Q3 2022
Roadshow Presentation Q3 2022 70
Slide 71: The four domains of MB.OS
The four domains of MB.OS Roadshow Presentation Q3 2022 71
Slide 72: MB.OS: what it is all about
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 Q3 2022 72
Slide 73: BBAC (Beijing Benz Automotive Cooperation) Joint Venture
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 Segment (E-
Slide 74: Agenda
AGENDA I. RESULTS Q3 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 Q3 2022 74
Slide 75: Mercedes-Benz Vans Strategy
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 software f
Slide 76: Mercedes-Benz Vans is a highly profitable part of Mercedes-Benz AG
As the leading premium light commercial vehicle manufacturer Mercedes-Benz Vans is a highly profitable part of the Mercedes-Benz AG Roadshow Presentation Q3 2022 76
Slide 77: Ambition: CO2-neutral new Van fleet over lifecycle by 2039
Our ambition 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 Supply chain/ Production/ Well-to-tank Tank-to-wheel End of life raw materials Logistics (fuel & electricity) (vehicle emissions) 1 This includes vehic
Slide 78: Van launch timeline 2022-2025
2022 2023 2025ff * as of 2nd half 2022 * * vehicle still in development, not available for sale yet Roadshow Presentation Q3 2022 78
Slide 79: The eSprinter
The 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 battery Roadshow Presentatio
Slide 80: SUSTAINEER as innovation driver for sustainable solutions
SUSTAINEER as innovation driver for sustainable solutions Solar panel Digital interior mirror Sustainable materials Daylight+ Near-body heating Vegan heated Steering wheel Innovative brakes Front module filter Optimised tyres Cooling shutters Sidewalk monitor Electric drive Driver Coaching App and c
Slide 81: Agenda
AGENDA I. RESULTS Q3 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 Q3 2022 81
Slide 82: Mercedes-Benz Mobility Strategy
Mercedes-Benz Mobility Strategy Roadshow Presentation Q3 2022 82
Slide 83: Mercedes-Benz Mobility Role & Contribution
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 services
Slide 84: Disclaimer
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 forward-lookin