Tag: Mercedes

December 12, 2022

Rivian Automotive Inc. is shelving plans to jointly build electric vans in Europe with Mercedes-Benz AG, aborting a deal signed just three months ago to share costs and quickly scale up production. Rivian will no longer pursue the memorandum of […]

May 3, 2022

Stellantis NV will acquire the Share Now car-sharing venture formed by BMW AG and Mercedes-Benz AG, the latest shakeup in the industry as automakers struggle to make mobility services profitable. Stellantis’s Free2Move mobility brand didn’t disclose a price for buying […]

July 29, 2020

SEOUL — Tesla Inc. CEO Elon Musk said Tuesday that the company is open to licensing software and supplying powertrains and batteries. Tesla had previously supplied batteries to Mercedes and Toyota Motor under separate partnership deals. Battery manufacturing is an […]

January 23, 2020

FRANKFURT (Reuters) – Daimler has been forced to reduce its 2020 production targets for the Mercedes-Benz EQC electric car to 30,000 from about 60,000 due to a supply shortage of battery cells from LG Chem, Manager Magazin reported on Thursday. […]

January 10, 2020

FRANKFURT — Soaring demand for SUVs and crossovers drove record sales for premium carmakers including BMW and Mercedes last year, leaving the industry on collision course with government efforts to tackle global warming despite big investments in electric vehicles. BMW […]

December 13, 2019

The wait for an all-electric Mercedes-Benz in the world’s No. 2 auto market just got longer. The German luxury automaker will delay the U.S. launch of its first EV, a compact crossover, by at least a year, Mercedes told dealers […]

September 7, 2018

STOCKHOLM — Mercedes-Benz will increase production of its EQC full-electric vehicle only gradually next year to ensure warranty costs for the crossover do not spike. The brand’s head of production and supply chain management, Markus Schaefer, said his main concern […]

September 5, 2018

The Daimler-owned company, Mercedes, has announced its first fully electric car, the EQC, Reuters reports. At an event in Stockholm, Mercedes showcased its SUV with its 450 kilometers range, which possesses full-width rear light and clean-cut interiors which the company […]

October 6, 2017

A little more than 20 years ago, the Mercedes-Benz W163, dubbed “Job1,” rolled off the assembly line at the company’s U.S. plant in Vance, Ala., launching the M class. It was a risky experiment for what was known then as […]

June 20, 2016

Mercedes-Benz USA CEO Dietmar Exler said a long-range electric vehicle to be introduced this fall at the Paris auto show is the tip of the iceberg for the brand’s electrification strategy. “We’re going to have way more than one electric […]