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Mercedes-Benz exits luxury EV joint venture with BYD, Chinese OEM takes control
Mercedes-Benz has sold its remaining 10% stake to BYD, giving the Chinese electric car giant full control of the joint venture, under which the two auto OEMs were developing and manufacturing luxury electric vehicles.
Mercedes-Benz Sells out of China EV Maker as Luxury Spending Drops
Mercedes-Benz Group sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.
Mercedes-Benz sees more Indian buyers choosing EVs as first luxury car
Mercedes-Benz is seeing a rise in the number of Indian buyers opting for electric vehicles as their first luxury car, the country's managing director told Reuters, a trend that is helping the German carmaker boost their sales.
Mercedes EVs Quit China
Mercedes has ended its last relationship in China, which shows how difficult it is for legacy car companies from Europe, the US, and Asia to remain in the Chinese market while making a profit. According to The Wall Street Journal,
China: Mercedes-Benz speeds up digital transformation to tap Chinese market
Mercedes-Benz speeds up digital transformation to tap Chinese market (Voice_over) Beijing Benz, the 20-year joint venture between Mercedes-Benz Group and Chinese automaker BAIC Motor, is accelerating the digital transformation of its factories in China to remain competitive in the world's largest passenger vehicle market.
Mercedes Cuts Ties with BYD as Chinese Rival Gains Ground in Europe
Mercedes-Benz has officially ended its 13-year partnership with Chinese automaker BYD, marking the close of an era in their joint venture, Denza. The collaboration, which began in 2011, was initially created to produce affordable vehicles for the Chinese market.
11d
South Korea antitrust regulator probes Mercedes-Benz local unit after EV fire
South Korea's antitrust regulator has launched a probe into the local unit of Mercedes-Benz, an official at the Korea Fair ...
GM Authority
4h
Cadillac Outsold By Mercedes-Benz By 46K Units During Q2 2024
Cadillac sales were outpaced by Mercedes-Benz by 46,207 units during Q2 2024 in the U.S. See our detailed Cadillac vs Mercedes sales comparison and analysis.
3d
Stellantis, Mercedes EV battery plant loses funding from Italy
The government has clashed repeatedly with Stellantis in recent months as the carmaker shifted production to lower-cost sites ...
The Cool Down on MSN
3d
Mercedes-Benz announces battery breakthrough that could extend EV range by hundreds of miles — here's how it could affect the automotive industry
At present, the EVs with the longest ranges that are commercially available top out at just above 400 miles. Mercedes-Benz ...
Electrek
8d
Mercedes, Factorial unveil new all-solid-state battery that can extend EV range by up to 80%
Mercedes is getting new all-solid-state EV batteries for its next-gen models. Developed with Factorial, its new ...
20h
Mercedes, BMW Flash Warning Lights on China
Top-end German carmakers have joined expensive French handbags among the products hit by weak consumer sentiment in the ...
Detroit News
1d
Mercedes slumps after warning China rout is hurting profits
Mercedes
deliveries across the region slumped 13% in August and are down 3% during the first eight months of the year.
Electrek
8d
Mercedes will start testing EVs with solid-state batteries on the road ‘in a few months’
Mercedes-Benz is doubling down on solid-state EV batteries with ultra-long range and fast charging capabilities for its ...
autoevolution
13d
Next-Gen Mercedes A-Class EV Rendered, Is It a Tesla Model 3 Killer?
While the Mercedes-Benz CLA will live to see a new generation in both ICE and EV guises, the A-Class is going away after 2026 ...
11h
on MSN
Tired of EV charging hassle? This start-up wants to solve it with its 'Face ID for vehicles'
Juice and New York charging provider Revel have teamed up to trial their AI-driven smart camera payment system that ...
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