German luxury carmaker Mercedes-Benz on Wednesday announced that it will launch 10 new cars in India in 2022, including its flagship electric sedan, Mercedes-Benz EQS, which will be assembled in India. The launch is expected in the fourth quarter of 2022. Mercedes-Benz
China’s Ministry of Finance cut subsidies for electric vehicles (EVs) by 20% this year, as sales of so-called new energy vehicles (NEVs)—a category covering hybrids, plug-ins, and hydrogen-powered autos—regained momentum after plunging during the pandemic last year. The ministry said on its
A rush of announcements on Monday illustrated how the global auto industry has shifted into high gear as it races to speed beyond the fossil-fuel car age, with electric car sales surging and legislation increasingly favouring zero-emission vehicles A flurry of bulletins
