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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.& China accounted for 18 percent of revenues and 37 percent of car sales at Mercedes in 2022 and Kallenius predicted more to come. influence.&

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

Baua Electric

MAY 7, 2024

In 2023, Mercedes-Benz marketed the first domestically assembled EV, and both BYD and Tesla also entered the market. For example, in Uzbekistan, BYD set up a joint venture with UzAuto Motors in 2023 to produce 50 000 electric cars annually, and Chery International established a partnership with ADM Jizzakh.

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