Xpeng continues internationalisation blitz
The Chinese firm has been expanding its global reach exponentially this year
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/
Joint venture with MN8 aims to install 400 charging hubs across the US
Pure plays and legacy OEMs gain some ground on Tesla, but German firms the big winners
The German OEM will rely on its ICE business to tide it over until the market’s next phase
Competition increasing as dominant player sells just half of all new BEVs
Increasing quarter-on-quarter sales trend grinds almost to a halt
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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