Northvolt CEO quits on tumble into administration
Troubled battery maker files for Chapter 11 protection in the US
Mercedes is a German producer of passenger and light commercial vehicles. The Mercedes-Benz brand is iconic and synonymous with luxury, producing a full range of passenger vehicles Mercedes is moving quickly towards Electric formats, with over 120% YonY growth, and EV's representing 11% of sales in H1 2023. https://www.mercedes-benz.com/en/
The firm is looking positively towards its all-electric future
The German OEM is not rushing down the same route as peer Stellantis
But the German OEM remains resistant to abandoning price discipline
The German OEM unwilling to go down the same route as peer VW
Europe’s mass-market automakers are quietly building scale in e-mobility
German OEM launches new e-van architecture amid concerns over pace of the sector’s growth
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