Like almost every legacy brand, Mercedes is moving quickly into the world of electric vehicles
. The company already introduced the EQS sedan to the U.S. market, and now it’s adding the EQB, an SUV, to the mix. The EQB has already been released in Asia and Europe, but it’s brand new to North American drivers. It’s just the latest step in the German automaker’s plan to go all-electric by the end of the decade.
Jerry
, your car insurance super app
, took a closer look at his new luxury EV to show where it sits in its automaker’s EV strategy.Mercedes EQB—the electric Mercedes GLB
Most Americans think of Mercedes as a luxury brand, and in many cases, that label is an accurate one. But the German company offers vehicles with a wide range of prices.
The GLB—the gas-powered SUV the EQB is based on—sits near the bottom of that range with a starting price of just over $39,000. Naturally, the all-electric EQB starts higher than that, but at $56,800, it’s easier on your bank account than most luxury electric SUVs.
In terms of design, very little distinguishes the EQB from the GLB. A new grille, some changes to lighting, and a few rounded exterior corners are pretty much all that separate it visually from its internal combustion-powered sibling.
The Environmental Protection Agency (EPA) hasn’t tested the EQB’s range yet, but experts predict that the electric SUV
will manage about 260 miles before needing to recharge. The EQB is just the beginning of Mercedes’ EV plans
Following the EQS, the EQB will be the second electric vehicle from Mercedes to make it to America. But the company has already introduced the EQA in Europe and China, and Autocar
says the EQE and EQG models are on their way to those markets as well. The five EVs will set the foundation for the legendary automaker’s all-electric transformation that will span its Benz, AMG, and Maybach lineups. The shift, which Mercedes expects to complete by 2030, is expected to cost at least $47 billion.
Besides the new car designs, the investment will be used to build eight new battery-making facilities. It’s an aggressive strategy, but one that could help Mercedes get a headstart, as the European Union (EU) has instituted a new law that would ban the sale of new gas cars by 2035.
MORE: Mercedes-Benz Is Going Full Electric With EQS
What does a Mercedes EQB cost to own?
A $56,800 starting price doesn’t exactly put the EQB in the category of affordable electric vehicles, but anyone with a federal tax bill over $7,500 can apply the EV credit to make the electric SUV more worth their while.
In terms of car insurance, the data on average rates for the EQB isn’t out yet, but no matter where it lands, you’ll be able to save on coverage by shopping with Jerry.
A licensed broker that offers end-to-end support, the Jerry app gathers affordable quotes, helps you switch plans, and can even help you cancel your old policy.
And to ensure you always have the lowest rate, Jerry will send you new quotes every time your policy comes up for renewal, so you’re always getting the coverage you want at the best price.
This level of service is why Jerry earned a 4.6/5 rating on the App Store and made it the top insurance app in the country.