Thus far US BEV adoption has largely been strongest in areas that have higher residential power prices. What if that became a feature, not a bug?
Tesla could still be a contender. But only if its CEO faces a few home truths and reprioritises
The firm is aiming to shift to underground production next month, and maintains everything is on schedule
But the German OEM remains resistant to abandoning price discipline
Mercedes-Benz does not expect any easier a second half of the year in the ultra-competitive Chinese market. But it feels that a less hot high-end segment will offer it enough relief not to get involved in any price war as it waits for its longer-term China EV bets to pay off.
Harold Wilhelm, the firm’s CFO, expects “for H2 a more competitive environment, especially in China, related to BEV ramp up”. Mercedes is hopeful, though, it has some insulation.
Tesla could still be a contender. But only if its CEO faces a few home truths and reprioritises
Electrification is the future. A lukewarm commitment to some EV chargers is not the long-term way for an energy firm to address it
What Tesla looks like by the end of the decade could be radically different
The Amsterdam-headquartered conglomerate joins Renault and Tesla in Teutonic turmoil
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