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Tesla's India Entry Doesn't Scare Luxury Market Leader Mercedes-Benz: 'Our EV Charging Bays Will Be Open'

This story was first published on the Benzinga India portal. The probable entry of Tesla Inc. (NASDAQ: TSLA) into the Indian market is seen as a positive development by the country's leading luxury car seller, Mercedes-Benz. The company is of the viewpoint that Tesla's arrival will boost the overall growth of the electric vehicle (EV) market. Santosh Iyer, MD & CEO of Mercedes in India, during a recent interview with the country's Times of India newspaper, stated, “Our...
Santosh Iyer Tesla Inc Benzinga India Apple Doubles Indian Techie Offered Canadian Firm After Racist Remark
Source: yahoo.com

Stellantis to start electric van production at UK Luton plant in 2025

Stellantis said on Thursday it will launch production of medium-sized electric vans in 2025 at its Luton plant in England, providing some long-term certainty for a factory that has been producing vans for 92 years. The world's fourth-largest automaker by sales said starting in the spring next year Luton will produce five electric models including the Vauxhall Vivaro Electric, Peugeot E-Expert and Fiat Professional E-Scudo in both right- and left-hand drive versions. Stellantis already mak...
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Source: yahoo.com

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BYD: Chinese electric vehicle giant that has overtaken Tesla on sales

China's BYD has overtaken US electric vehicle giant Tesla as the world's leading EV deliverer, according to recent sales figures.Last year BYD became the first manufacturer to pass the five million milestone in EV production, crowning itself "the world's leading manufacturer of new energy vehicles".
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Source: yahoo.com

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