Mercedes-Benz launches first PHEV in Vietnam, priced at over $174,000

The first imported units have already arrived at a local port.

The GLE 400 e 4MATIC is equipped with the brand’s latest-generation hybrid powertrain, delivering a combined output of 381 horsepower and 650 Nm of torque.

The model is powered by a 2.0L M254 petrol engine, paired with an electric motor and a 25.28 kWh battery pack.

This is the first time the German automotive brand has offered a PHEV in Vietnam.

Plug-in hybrids combine a combustion engine with an electric motor but can be externally charged like a fully electric vehicle.

According to the Worldwide Harmonized Light Vehicles Test Procedure (WLTP) standard, the GLE 400 e can travel 95-114 kilometers on pure electric power, making it well-suited for urban commuting.

With an 11 kW AC charger, the battery can be replenished in about 2.75 hours.

Meanwhile, the standard 4MATIC all-wheel-drive system ensures stable performance across varied terrain.

A representative of Mercedes-Benz Vietnam said the launch signals the beginning of the company’s PHEV line-up expansion, aimed at offering more efficient mobility solutions to Vietnamese customers.

Vietnam’s plug-in hybrid segment remains relatively small, but is emerging as a new hotspot in the premium car market.

The arrival of the GLE 400 e 4MATIC intensifies competition against rivals such as the Volvo XC60 Recharge, XC90 Recharge, Porsche Cayenne S E-Hybrid, and BMW XM.

In a lower price bracket, PHEV options like the Lynk & Co 08 and BYD Sealion 6 are also gaining attention.

Starting in early 2026, under the new special consumption tax policy, hybrid vehicles, including both self-charging (HEV) and plug-in (PHEV) models, will be taxed at only 70 percent of the rate applied to conventional petrol cars.

Currently, only PHEVs enjoy reduced taxes, while HEVs are still taxed at the same level as gasoline-powered vehicles.

When the policy takes effect, the prices of hybrid cars are expected to drop significantly thanks to reductions in special consumption tax, VAT, and registration fees.