Friday, 21 February 2025

Focus on Mercedes-Benz

A wood pellet plant operated by U.K.-based energy company Drax Group is seen in Gloster, Miss., in 2024. (The Perfect Shot/Southern Environmental Law Center via AP)
AnalysisClimateFinance

Investigation: How mega-polluters take advantage of billions in green loans

Sustainability-linked loans are under scrutiny for enabling major polluters to avoid accountability while expanding harmful operations.

The eActros 600 can travel about 500 kilometres (310 miles) on a single charge (AFP)
Electric Vehicles (EVs)NewsPoliticsRegulations

Amazon orders 200 Mercedes-Benz electric trucks

Amazon buys 202 electric Mercedes eActros trucks, marking a significant push towards reducing EU road transport emissions.

FILE PHOTO: A BMW logo is seen at the 2024 Paris Auto Show in Paris, France, October 15, 2024. REUTERS/Benoit Tessier/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)NewsTrade

German premium carmakers’ sales battered in China and Germany amid slowdown

Germany’s luxury carmakers faced sharp sales drops in 2024 as economic uncertainty and EV challenges hit home and China.

FILE PHOTO: An electric vehicle (EV) by Mercedes-Benz moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Mercedes-Benz 2024 car sales fall in tough year for automakers

Annual sales of battery-electric cars (BEV) dropped by 23% to 185,100 vehicles, adding pressure on the carmaker.

FILE PHOTO: A prototype of an electrical air-taxi drone by German start-up Volocopter that takes off and lands vertically performs a non-passenger flight over Le Bourget airport, near Paris, France, June 21, 2021. REUTERS/Christian Hartmann/File Photo
AviationBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTransport

German air taxi start-up Volocopter files for insolvency

Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.

A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City (AFP)
AutomotiveBusinessElectric Vehicles (EVs)NewsTradeTransport

Move over Mercedes: Chinese cars grab Mexican market share

Asian brands benefited from an exemption from import tariffs on electric vehicles.

The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNews

Stellantis, China’s CATL to invest $4.33 billion in EV battery factory in Spain

Stellantis and CATL have set up a 50-50 joint venture for the project and expect to start production by the end of 2026.

FILE PHOTO: Makoto Uchida, President and CEO of Nissan, speaks during a press conference by Renault Group, Nissan Motor Co., Ltd and Mitsubishi Corporation in Boulogne-Billancourt, near Paris, France, December 6, 2023. REUTERS/Stephanie Lecocq/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Nissan boss Uchida races to save the automaker – and his job

Uchida faces questions about the decline of a company that five years ago had the world's top EV model.

Pope Francis is presented a new fully electric popemobile at the Vatican (AFP)
ClimateElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsUnited Nations

Pope Francis receives electric popemobile from Mercedes

Mercedes-Benz delivered an electric popemobile to the Vatican on Wednesday for use by the pontiff, who has repeatedly called for global action on...

FILE PHOTO: A Mercedes Benz E300 is displayed at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Mercedes to use Momenta software in 4 models, accelerate China comeback, sources say

Mercedes-Benz taps China's Momenta for ADAS tech, with $75M investment, aiming to regain market share in China by 2025.

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