>I would reserve that (it won't be available before 2020 and they have yet to have the battery production ready to make the car in volume!). Tesla's Model Y will be presented in a few months.
This. EV production comes down entirely to battery availability. It looks like Mercedes is making the same mistake as Nissan initially did, and thinking they can roll their own battery tech and production facilities. They would be far better off striking deals with LG or Panasonic as the rest outside of Tesla have done. The 64kWh 2019 Nissan leaf (only real competitor to Model 3) will be using LG chem batteries, as does the Chevy Bolt/Volt.
There's absolutely no way Mercedes will make up for a 15 year head start on battery tech that Tesla has. I'd expect to see them building EVs at $100k+ MSRP and quantities under 20k/year, and having serious battery degradation issues along with other idiosyncrasies of LiPo chemistry that have taken decades to work out in large scale manufacturing. They will be making small batches of pricey luxury EVs while Tesla, Nissan, and GM are producing millions of units for the masses in 5 years.