German luxury automaker, Mercedes Benz (OTC:MBGAF) released their second quarter sales results Tuesday, reporting a 6% rise in sales (to 515,700 vehicles) compared to the same time last year. According to Mercedes, Electric vehicles continued to be the main growth driver in the quarter, with passenger cars sales more than doubling (123%) to reach 56,300 units.
The strong EV result is primarily due to demand for the EQA (+73%) and EQB (+83%) as well as the EQE (+157%). For the EQE, the automaker cites sales of 9,000 vehicles.
In the company’s domestic market, business increased strongly in percentage terms. According to the figures, 58,600 cars were sold in Germany in the second quarter - an increase of 23%. A total of 157,100 vehicles were sold on the European market.
The company's high-end segment (AMG, Maybach, G-class ect.) also posted solid growth of 12% for the period.