Saturday, 22 February 2025

Focus on Mercedes-Benz

FILE PHOTO: View of a Wolfspeed's Silicon Carbide (SiC) Wafer during an event on the future of the decommissioned coal-fired power plant in the Western German Saarland region in Ensdorf, Germany, February 1, 2023. REUTERS/Thilo Schmuelgen/File Photo
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Wolfspeed forecasts weak first-quarter revenue on manufacturing issues

Wolfspeed anticipates manufacturing issues that could affect its production capacity amid slowing EV sales.

Vehicles that were completely burned down due to a Mercedes Benz electric car fire that broke out on August 1st, are lying in the underground parking lot of an apartment complex in Incheon, South Korea, August 2, 2024. Yonhap/via REUTERS
AutomotiveElectric Vehicles (EVs)NewsTransport

Explainer: South Korean alarm over EV fires puts spotlight on safety concerns

As South Korea calls on car manufacturers to disclose battery supplies, EV fire safety statistics suggest the problem is not rampant.

Vehicles that were completely burned down due to a Mercedes Benz electric car fire that broke out on August 1st, are lying in the underground parking lot of an apartment complex in Incheon, South Korea, August 2, 2024. Yonhap/via REUTERS/ File Photo
BusinessElectric Vehicles (EVs)NewsTransport

Mercedes chief in South Korea to meet residents hit by EV fire damage

After South Korea Mercedes fire that fuelled public fears over EVs, chief executive will meet affected residents of apartment complex.

A Mercedes electric car charging station at a parking lot in Seoul. Mercedes-Benz Korea has released the names of its electric vehicle battery suppliers, bowing to public outrage after one of its cars burst into flame in a parking lot earlier this month. (AFP)
Electric Vehicles (EVs)IndustryManufacturingNewsTransport

Mercedes-Benz Korea discloses EV battery makers after fire

The August 1 fire damaged hundreds of vehicles and created a national panic amid growing calls for transparency on battery supply chains.

FILE PHOTO: Vehicles that were completely burned down due to a Mercedes Benz electric car fire that broke out on August 1st, are lying in the underground parking lot of an apartment complex in Incheon, South Korea, August 2, 2024. Yonhap/via REUTERS/ File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)MineralsNewsTransport

South Korea holds emergency meeting as EV fires stir consumer fear

South Korean officials met Monday to discuss EV safety amid growing consumer concern after an EV fire in and underground garage

FILE PHOTO: A Hyundai Ioniq 5 electric vehicle is charged at Chaevi Stay Charging Station in Seoul, South Korea, October 18, 2023.   REUTERS/Kim Hong-Ji/File Photo
Electric Vehicles (EVs)NewsTransport

South Korea to hold emergency meeting after EV fires raise concerns

Manufacturers may have to disclose brands whose products involved in EV battery fires as Korean officials discuss how to prevent incidents.

FILE PHOTO: A Volkswagen ID. Buzz and a Volkswagen Beetle are seen during the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
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Volkswagen is reeling in China. Can EVs help it grow in the US?

The German automaker is planning 30 new electric or hybrid models in China in a bid to lift its market share to 15%. 

FILE PHOTO: Porsche's electric vehicle Macan Turbo is displayed at its booth during the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)IndustryManufacturingNews

Porsche waters down EV ambitions, says transition will take ‘years’

Porsche delays electric car target, tying 80% EV sales goal by 2030 to customer demand and electromobility developments, citing slower-than-expected transition.

AutomotiveBusinessCritical MineralsElectric Vehicles (EVs)MineralsNewsPoliticsTradeTransport

Serbia eyes lithium deals with Mercedes, Stellantis, VW, president says

Serbia will give Mercedes-Benz, VW and Stellantis the opportunity to purchase lithium for car batteries as they prioritise EU carmakers

FILE PHOTO: A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. REUTERS/Mark Blinch/File Photo
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Mercedes-Benz unit partners with Starbucks for fast-charging stations in US

A Mercedes-Benz unit said Wednesday it had partnered with Starbucks to deploy its fast-charging stations at more than 100 US locations

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