Page 4 - Markus Schaefer News Today

Chile, which is the world’s second largest producer of lithium, has moved to take state control of lithium projects in a shift experts warn will limit investment in the critical mineral and drive manufacturers to other regions.

Mercedes-Benz has called on its Formula 1 team to help it build more efficient EVs so that it can better keep up with Tesla going forward.

After decades of leadership in combustion-engine technology, legacy carmakers like Mercedes have lagged behind Tesla in electric vehicles or EV.

BRIXWORTH: Mercedes-Benz has plugged its Formula One team into the engineering process to build vastly more efficient mass-market electric vehicles (EVs), slashing development times by a quarter or more as it jump-starts efforts to keep pace with Tesla.

By Nick Carey BRIXWORTH, England (Reuters) - Mercedes-Benz has plugged its Formula One team into the engineering process to build vastly more efficien...

BRIXWORTH, England (Reuters) - Mercedes-Benz has plugged its Formula One team into the engineering process to build vastly more efficient mass-market electric vehicles (EVs), slashing development times by a quarter or more as it jump starts efforts to keep pace with Tesla. | 02:04am

Mercedes-Benz turned to its F1 team for support in building more efficient mass-market electric vehicles(EVs), to keep pace with Tesla.

When it comes to EVs, efficiency is key, and Tesla seems to have an edge. Mercedes hopes to change that by enlisting F1, which will also speed up development.

Merc is repurposing F1 tech for future EVs, Hyundai and Uber can't be stopped and Japanese brands can't stop fretting over China, all in today's Morning Shift.

Mercedes-Benz has plugged its Formula One team into the engineering process to build vastly more efficient electric vehicles (EVs) to keep pace with Tesla.