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Latest Mercedes-Benz News

Unraveling The Fake News About The NIO And Mercedes Partnership

The electric vehicle (EV) industry has been buzzing with speculation lately, fueled by rumors of a potential partnership between Chinese EV manufacturer NIO and the renowned German automaker, Mercedes-Benz. News has circulated hinting at a groundbreaking collaboration that could potentially reshape the EV landscape. However, recent statements from NIO suggest that these rumors might be nothing more than “false information.” A Denial in the Air Addressing the growing chatter, a NIO spokesperson swiftly put the brakes on the partnership rumors. Amidst the speculation, a video showcasing NIO’s CEO, William Li, giving a tour of a battery swap station was thought to be a hint at an impending partnership with Mercedes-Benz…. Continue Reading »

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Industry Mourns The Tragic Passing Of Daimler Truck CFO Jochen Goetz

In a heart-wrenching turn of events, the automotive world is mourning the untimely demise of Jochen Goetz, the esteemed Chief Financial Officer (CFO) of Daimler Truck. The company announced with heavy hearts that Goetz, a driving force behind Daimler Truck’s recent achievements, tragically lost his life in a “tragic accident” over the weekend. A Distinguished Career With a dedicated career spanning over three and a half decades, Goetz had been an integral part of the Daimler Group. His tenure saw him playing a pivotal role in the successful separation of Daimler Truck Holding from its counterpart, Mercedes-Benz Group, in December 2021. The CFO’s remarkable contribution extended beyond financial strategy as… Continue Reading »

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Dürr and Mercedes-Benz Forge A Partnership For CO2-Free Vehicle Painting

In a move towards reducing the automotive industry’s carbon footprint, the Dürr Group, a global leader in technology solutions, and renowned automobile manufacturer Mercedes-Benz have solidified a long-term strategic partnership centered on sustainable painting technology. This innovative collaboration seeks to redefine sustainability standards and create a pathway towards a greener future for vehicle painting. Decades-Long Partnership Sets New Goals Building upon a history of collaboration, the strategic alliance announced by Mercedes and Dürr marks an unprecedented milestone. Both industry giants have committed to jointly plan and implement the modernization of painting technology in the German automaker’s home-based plants. The initial phase will witness the construction of an eco-conscious paint shop… Continue Reading »

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Mercedes-Benz Shows Solid Q2 Sales, Ola Källenius Reappointed By Board

Mercedes-Benz Group AG once again displays why it is an important pillar in the automotive industry as it showcased its robust performance in the second quarter of the year. The company’s success was driven by a combination of solid sales of top-end cars and premium vans, as well as a notable increase in electric vehicle (EV) sales. Moreover, the three-pointed star marque demonstrated a steadfast commitment to sustainable growth under the visionary leadership of Ola Källenius, who has been reappointed as Chairman of the Board of Management until 2029. Resilient Q2 Performance Mercedes Group’s Q2 performance stood strong with impressive earnings before interest and taxes (EBIT), which surged by 8%… Continue Reading »

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Mercedes And 6 Giant Automakers Forge Alliance To Propel EV Adoption In North America

In an unprecedented move towards a sustainable future, seven global automotive giants have united to form an extraordinary joint venture aimed at accelerating the adoption of electric vehicles (EVs) in North America. These companies include Mercedes-Benz Group, BMW Group, General Motors, Honda, Hyundai, Kia, and Stellantis NV. According to a press release by Mercedes-Benz USA, this alliance signifies a monumental step in the transition of the parties involved to greener mobility solutions. A Vast and High-Powered Charging Network At the heart of this joint venture lies the creation of an expansive high-powered charging network, strategically positioned across urban and highway locations. With a target of installing over 30,000 high-powered charging… Continue Reading »

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Mercedes-Benz Makes An Ambitious $45 Billion Bet On The EV Market

In a bold move that could reshape the future of luxury electric cars, Mercedes-Benz Group is investing a staggering $45 billion to transition all its powertrains to electric by 2030. As governments worldwide intensify their efforts to combat greenhouse gas emissions, Mercedes sees an opportunity to claim the throne in the glamorous market for electric vehicles (EVs), once dominated by Tesla. Let’s explore why the German automaker is willing to take the risk and go all-in on electric vehicles. Aiming for Leadership in the EV Landscape With the automotive industry undergoing a massive transformation, Mercedes-Benz recognizes the need to make a strategic move to capitalize on the disruptions. As a… Continue Reading »

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Tianqi Lithium Pours $150M In Mercedes-Geely Smart EV Alliance

In a crucial move towards furthering the development of electric vehicles (EVs), Tianqi Lithium, China’s largest lithium miner, has announced a substantial investment of $150 million in the electric vehicle joint venture of renowned auto manufacturers Mercedes-Benz and Geely Holding Group. This strategic investment comes as part of Smart Mobility’s Series A financing round, aiming to raise between $250 million to $300 million, and will allow Tianqi Lithium to expand its business scope and strengthen collaboration with carmakers. Growing Integration in the New Energy Vehicle Industry As the new energy vehicle industry continues to flourish, closer integration between the upstream and downstream sectors has become a prevailing trend. Recognizing the… Continue Reading »

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