This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.

Remove Chinese Remove Mercedes Remove Purchase Remove Uzbekistan
article thumbnail

Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

MAY 2, 2023

Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& However, America seems increasingly interested in distancing itself from the nation while Germany has grown more reliant on the Chinese market.

Mercedes 97
Mercedes China Saudi Arabia Tajikistan 97
article thumbnail

Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

MAY 7, 2024

Chinese car makers can undercut rivals in Europe because their production costs are heavily subsidised. The year 2023 was the first in which China’s New Energy Vehicle (NEV) 3 industry ran without support from national subsidies for EV purchases, which have facilitated expansion of the market for more than a decade.

Costa Rica 52
Costa Rica Cars Brazil Thailand 52
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 

Stay Connected

Join 5,000+ Insiders by signing up for our newsletter

About
About
Editions
Editions
Topics
Powered by Aggregage | Terms and Conditions | Your California Rights and Privacy Policy
© Aggregage 2024