Mercedes cuts China EV prices by up to US$33,000 as sales lag
Published on: Wednesday, November 16, 2022
Published on: Wed, Nov 16, 2022
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Bloomberg, FMT
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The EQ’s low roof is a drawback in China, where rich clients prefer to sit in the back rather than drive. (Mercedes pic)
BEIJING: Mercedes-Benz Group AG cut prices on two electric car models in China by as much as US$33,000, as heated competition in the world’s biggest EV market impacts sales.