Mercedes Doubles Down Not Retreating From China

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=DSJVXPoB_LE

...Source: https://insideevs.com/news/732707/mer... Transcript: Per InsideEVs, Mercedes-Benz is investing nearly $2 billion in China to bolster its Electric Vehicle presence. About $1.4 billion will go toward passenger cars, while $550 million is allocated for commercial EV vans. The company is focusing on China-specific models, including a long-wheelbase version of the electric CLA sedan, which will debut next year. Mercedes aims to compete with local brands like Xpeng, Li Auto, and Zeekr as the Chinese market shifts toward full electrification.

#############################

New on site