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EVs are one part of Mercedes' long game; the company scored a \"monumental achievement\" when Nevada regulators certified its autonomous driving for public roads earlier this year. \"Drive Pilot\" will be included for model year 2024 S-Class and EQS models and is the only SEA Level 3 automated driving system approved by lawmakers, according to Mercedes. Psillakis said California may be the next state to approve the system, which operates at speeds up to 40 mph and is more technologically advanced than Tesla's Autopilot feature.

\"We have to make sure the expectation to customers is the right one and make sure the system is delivering,\" Psillakis said.

\"PHOTO:
Mercedes-Benz
PHOTO: Mercedes-Benz's Drive Pilot is the first SAE Level 3 automated driving system authorized for use on U.S. public freeways.
>

The attention on EVs has not stopped Mercedes from perfecting its gas-powered SUVs and high-performance AMG models. Last month Mercedes revealed an updated E-Class midsize sedan and introduced the plug-in hybrid GLE 450e 4MATIC SUV. A new 2024 GLS model range will arrive in U.S. dealerships later this year.

\"PHOTO:
Mercedes-Benz
PHOTO: The all-new GLE 450e 4MATIC plug-in hybrid makes 381 horsepower and 479 lb-ft of torque.
>

\"Mercedes is operating two companies at the same time,\" said Caldwell. \"Mercedes has an expansive EV lineup but the internal combustion vehicles are paying the bills. It's expensive to run these two companies in parallel.\"

\"PHOTO:
Mercedes-Benz
PHOTO: Mercedes-Benz recently updated the design, tech and equipment in its GLS models. The Mercedes-AMG GLS 63 is shown here.
>

Degraff said Mercedes' internal combustion vehicles are still highly desirable and sought after by enthusiasts.

\"Mercedes-Benz has been able to crank out seriously eye-watering performance just by tapping into mild hybridization and plug-in hybrids,\" he said.

Psillakis dismissed concerns that the company's fabled AMG division would lose its cachet in an EV world.

\"EQS is electric and it is an AMG,\" he said. \"Yes, I do miss the sounds of a V8 engine. Do I miss the fun? The torque? The performance? No. AMG is not only sounds and horsepower. It's also exclusivity, design and performance, which you can get in electric vehicles too.\"

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