Mercedes CEO: Efficiency is the 'new currency' in the EV market

Mercedes-Benz CEO Ola Kaellenius plans to launch an electric vehicle architecture with the CLA compact electric sedan that will offer 30-35% more driving range per kilowatt-hour of energy stored in the battery, and will also introduce a lithium-iron-phosphate battery in the CLA model lineup, aiming to compete with Tesla and Chinese EV brands in terms of range and efficiency.

reuters.com

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8/1/2023

Why the all-electric Volvo EX30 is such a big deal

The main topic of the article is Volvo's new compact fully electric crossover, the EX30, and its potential to be a mass-volume, mainstream success. The key points are: 1. The EX30 is Volvo's first compact fully electric crossover and is outfitted with sustainable materials, making it affordable and innovative. 2. The EX30 has received positive reception and excitement from markets worldwide. 3. The price tag of $34,950 makes the EX30 one of the more affordable EV options in the United States. 4. Volvo is targeting pre-family and post-family buyers as potential customers for the EX30. 5. Volvo aims to go "half-electric" by 2025 and all-electric by 2030, aligning with its parent company Geely Holding Group's initiatives. 6. The EX30 will be made in China, which means it won't be eligible for U.S. tax credits and is subject to a 27.5% tariff on Chinese-made vehicles. 7. The EX30 offers two battery packs and two powertrain setups, with the Twin Motor Performance variant boasting 422 horsepower and a zero to 60 mph time of 3.4 seconds. 8. The EX30 features a 12.3-inch vertical touchscreen, wireless Apple CarPlay, 5G connectivity, and fast-charging capabilities. 9. Volvo plans to access Tesla's Supercharger network with an adapter in 2024, making it more appealing to potential buyers.

9/1/2023

Mercedes-Benz teases entry-level electric CLA concept with a new front face, 466-mile range

Mercedes-Benz is set to unveil the CLA EV concept sedan at IAA Mobility, featuring a range of over 466 miles and serving as the forerunner for an upcoming line of electric-first vehicles.

9/3/2023

Mercedes-Benz Concept CLA-Class Revealed With EQXX Tech, 466-Mile WLTP Range

Mercedes-Benz has unveiled the Concept CLA-Class, a preview of its new electric-first compact car platform, featuring sustainable interior materials and an estimated range of 466 miles on the WLTP scale, inspired by the Vision EQXX concept.

9/3/2023

Mercedes unveils electric vehicle with longer range than any Tesla as China threat grows

Mercedes-Benz unveiled an electric vehicle with a longer range than any Tesla model on the market, as the company intensifies its efforts to challenge Elon Musk and expand its presence in the luxury electric car market.

9/4/2023

Mercedes-Benz: Europe likely won't be ready for all-electric sales by 2030

Mercedes-Benz does not expect all of its sales in Europe to be all-electric by 2030, but will have its line-up ready, according to CEO Ola Kaellenius, citing the need for infrastructure and market demand for the transition to electric vehicles.

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Posted 9/1/2023, 1:20:00 PM

Mercedes CEO: Efficiency is the 'new currency' in the EV market

reuters.com

Relevant topic timeline:

8/1/2023

Why the all-electric Volvo EX30 is such a big deal

9/1/2023

Mercedes-Benz teases entry-level electric CLA concept with a new front face, 466-mile range

Mercedes-Benz is set to unveil the CLA EV concept sedan at IAA Mobility, featuring a range of over 466 miles and serving as the forerunner for an upcoming line of electric-first vehicles.

9/3/2023

Mercedes-Benz Concept CLA-Class Revealed With EQXX Tech, 466-Mile WLTP Range

9/3/2023

Mercedes unveils electric vehicle with longer range than any Tesla as China threat grows

9/4/2023

Mercedes-Benz: Europe likely won't be ready for all-electric sales by 2030