GM invests in battery coatings firm
The US OEM continues to look for technologies to bring its battery costs lower
The German OEM unwilling to go down the same route as peer VW
Volkswagen Group may have announced a new partnership in China and also the deepening of another, but competitor Mercedes-Benz is uninterested in committing any further to an ‘in China for China’ strategy. Instead, it believes that its Chinese customers will see value in a Mercedes built by Mercedes.
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