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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

Mercedes-Benz CEO Ola Kallenius has told the German media that the brand has no intention of cutting ties with China, saying such a move would be unwise for the whole of Germany industry.& & "The major players in the global economy, Europe, the U.S. We don't even compete in that segment." influence.&

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GM Korea introduces Alpheon eAssist; 25% improvement in fuel economy

Green Car Congress

The new Alpheon eAssist, which will go on sale in November, offers improved fuel economy of 25% and reduced CO 2 emissions of 22% compared with the standard Alpheon model. General Motors launched the Buick LaCrosse with eAssist in China on 25 August. The Alpheon eAssist offer fuel economy of 14.1 Earlier post.). mpg US, 7.1

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

In 2023, just under 60% of new electric car registrations were in the China, just under 25% in Europe, and 10% in the United States – corresponding to nearly 95% of global electric car sales combined. China exported over 1.2 million EVs in 2023 In China, the number of new electric car sales reached 8.1 China exported over 1.2

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China’s EV brands are coming to bury US automakers—or are they? – Charged EVs

Baua Electric

Chinese OEMs are now producing good-quality vehicles, and thanks to cheap labor, government subsidies and economies of scale, they’re able to offer these at prices no Western automaker can hope to match. The company now has enough production capacity in China to manufacture four million cars per year.