Europe’s EV Industry Faces “Chip Lock” as China Tightens Semiconductor Exports
Europe’s automotive industry faces a semiconductor shortage due to China’s export restrictions, threatening electric vehicle production.
Mercedes-Benz
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Mercedes Initiates Largest-Ever Layoff Plan as 4,000 Employees Accept Severance Offers
Mercedes-Benz has begun implementing what is reportedly the largest layoff plan in its history, with around 4,000 employees
Dongfeng Builds Solid-state Battery Supply Chain, Surpasses 1,000 km Range
The battery has energy densities of 240Wh/kg and 350Wh/kg, achieving a maximum driving range exceeding 1,000 km.
BMW Gains as Mercedes, Audi Slide in Q3, with EV Growth Diverging
In Q3, BMW outperformed rivals with 8.8% growth, while Mercedes and Audi faced declines. Concerns focus on EV competitiveness and pricing power as the market evolves.
Mercedes Q3 Global Sales Hit 525,300 Units, China Market Slumps 27%
The decline in sales figures was primarily due to weakness in the Chinese market and the impact of U.S. tariff policies.
Momenta Seeks Over $5 Billion Valuation in New Funding, Eyes Hong Kong IPO
is considering shifting its listing venue from New York to Hong Kong, and has informed some investors of a potential 2026 debut on the Hong Kong Stock Exchange.
Stuttgart Deep Dive: Mercedes Stays True to Its Brand Essence Amidst the Tides of Era Transformation
No compromise, thus enabling the “Mercedes” drive.
Mercedes-Benz Invests Over $188 Million in Geely-Backed Automated Driving Firm Qianli Technology
Qianli Technology is expected to collaborate with Mercedes-Benz on R&D projects and provide technology support for the German automaker’s upcoming models in China.
EV Market Insight: Model Y Leads $42K SUV Segment, Xiaomi YU7 Surges as Dark Horse
From January to August, the top three selling RMB 300,000 ($42,000) electric SUVs were the Tesla Model Y, NIO ES6, and Luxeed R7. However, the rapid sales growth of the Xiaomi YU7 is poised to shake up this ranking.
Nvidia Bets on Robotaxi, Pursues End-to-End Approach Rivaling Tesla
Nvidia is developing a Robotaxi project using an “end-to-end” neural network, investing $3 billion to establish a technical showcase amid competitive market growth by 2025.