Mercedes CEO Says EV Transition 'Might Take Longer Than Expected'
Mercedes-Benz is extending the timeline for its transition to zero-emission vehicles due to slower EV growth and consumer demand for combustion engines.
China-Made EVs Accounted For 18.5% Of All EVs Sold In Europe In May 2024
China-made EVs approaching one-fifth of European market share raises concerns about local industry competitiveness.