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Mercedes-Benz to become equal shareholder in Automotive Cells Company (ACC) with Stellantis and TotalEnergies

Green Car Congress

Mercedes-Benz is taking an equity stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules. Mercedes-Benz announced in July that it will be ready to go fully electric by the end of the decade wherever market conditions allow.

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Investment in critical minerals in web of doubt, says industry – ET Auto

Baua Electric

Many companies are reluctant to invest in critical minerals and energy transition projects due to uncertainty about consumer demand for EVs and government commitment to zero-carbon goals , industry players said. “You can still find capital now, but you have to have the right project.”

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Automakers Continue To Lobby For Global Heating, Against EVs

CleanTechnica EVs

We’ve turned a big corner when it comes to electrification of the auto industry. continued] The post Automakers Continue To Lobby For Global Heating, Against EVs appeared first on CleanTechnica. That changed with the anticipation for and arrival of the Tesla Model 3, EU regulations requiring than.

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Mercedes-Benz and Geely establish smart brand electric vehicle JV

Green Car Congress

Mercedes-Benz AG and Zhejiang Geely Holding Group (Geely Holding) have formally established the global joint venture “smart Automobile Co., billion RMB, the share of Mercedes-Benz AG will be mainly covered by the contribution of the smart brand. Tong has more than two decades of experience in automotive industry.

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Mercedes EV sales boom in strongest company performance yet

Teslarati

Mercedes revealed its Q1 sales statistics this morning, showing its EV sales are booming in the world’s biggest markets. While Mercedes is certainly not a volume leader in the EV market, it has dedicated itself to slowly but surely expanding its offerings and deliberately growing its EV production. and 51,600 globally.

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Daimler and Geely to collaborate on a highly efficient powertrain system for hybrid applications

Green Car Congress

Daimler AG and Geely Holding, the respective parent companies of Mercedes-Benz AG and Volvo Cars, plan to collaborate on developing highly efficient powertrain systems for next-generation hybrid vehicle applications. Areas of potential cooperation include engineering, sourcing, industrialization and efficiency measures.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

Under the auto boom, a smaller industry is also growing: the used or pre-owned car market, where for every two new cars, three used cars are sold. As per industry estimates, about 4.1 From Porsche to Mercedes-Benz in the luxury segment and from Maruti to Mahindra and numerous startups, all want a share of this growing market.