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Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

MAY 2, 2023

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.& brands like General Motors also have a lot riding on relations remaining copesthetic with China. influence.& We are not naive.

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

Baua Electric

MAY 7, 2024

Local carmakers have thus far maintained a strong foothold in the market, and account for the bulk of electric car sales in cumulative terms since 2010, led by Tata Motors (70%) and Mahindra & Mahindra (10%). In 2023, Mercedes-Benz marketed the first domestically assembled EV, and both BYD and Tesla also entered the market.

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