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Mercedes, Porsche, BMW stocks defy market downturn despite disruptions

Teslarati

The stocks of German luxury automakers, including Mercedes, Porsche, and BMW, have remained strong in recent months despite numerous disruptions. But simultaneously, luxury German automakers have mysteriously not seen the same rapid declines in stock prices, some (Porsche) even increasing in value over the same timeframe.

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Porsche is moving fast into EVs: Lessons learned from Taycan

Green Car Reports

An industry insider in that country told us the Model S was a massive shock to Audi, BMW, and Mercedes-Benz—but perhaps even more so to Porsche, which had been hugely successful with its fast, sporty Panamera four-door. The Porsche.

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Lucid expands into Porsche and Mercedes-Benz home turf with new EV studio

Electrek

California-based Lucid Motors will take on Porsche, Mercedes-Benz, and BMW on their home turf with its new EV retail studio in Germany. more… The post Lucid expands into Porsche and Mercedes-Benz home turf with new EV studio appeared first on Electrek.

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Rocsys joins ROCIN-ECO robotic charging consortium with IONITY, AUDI, TÜV SÜD, Porsche, BMW, Ford, Mercedes-Benz, AVL & Huber+Suhner

Green Car Congress

Rocsys, the first provider of autonomous charging solutions powered by robotics and artificial intelligence ( earlier post ), has joined ROCIN-ECO , a consortium with IONITY, Audi, TÜV SÜD, Porsche, BMW, Ford, Mercedes-Benz, AVL, and Huber+Suhner.

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BMW, Jaguar and Porsche invest in mobility startup Urgent.ly as part of $21M round; roadside assistance

Green Car Congress

BMW i Ventures; InMotion Ventures, Jaguar Land Rover’s venture capital fund; and Porsche Ventures have invested in US-based Urgent.ly—a —a global digital roadside assistance platform—as part of a $21-million Series B round. The funding round, which also saw participation from current investors, was oversubscribed.

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BMW Goes NACS, Leaving VW & Stellantis As The Odd Ones Out

CleanTechnica EVs

In a recent press release, BMW revealed that, like much of the rest of the industry, it’s going to adopt the NACS plug in North America. With most of the rest of the German automakers doing the same thing, this leaves Volkswagen Group (owners of not only VW, but also Porsche, Audi, and others) as […]

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BMW launches $1,000 incentive to attract Tesla, other EV drivers

Teslarati

BMW has rolled out its 2024 BEV Conquest Program, an initiative designed to incentivize existing electric vehicle owners to switch to BMW’s all-electric vehicle offerings. The program offers a $1,000 incentive to qualified individuals who choose to trade in their existing EV for a new BMW i4, i5, or iX.

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