EU tariffs

Mercedes-Benz Sells Its Stake in Luxury EV Brand Denza—Is BYD’s Z9 GT the New Porsche Killer

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Mercedes-Benz Sells Its Stake in Luxury EV Brand Denza—Is BYD’s Z9 GT the New Porsche Killer

October 3, 2024 – Stuttgart, Germany:- Denza, a luxury car brand co-founded by Mercedes-Benz in 2010, has recently transitioned to full ownership under BYD. This shift comes after reports revealed that Mercedes-Benz sold its remaining 10% stake in the company, following its previous reduction of ownership in 2021. The change in ownership comes as Denza … Read more

Tesla’s Stunning Victory: How New EU Tariffs Could Shake Up the Entire EV Industry

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Tesla's Stunning Victory: How New EU Tariffs Could Shake Up the Entire EV Industry

Introduction The European Commission has made headlines with its ongoing investigation into electric vehicles (EVs) imported from China. The focus is on determining whether Chinese manufacturers, including Tesla’s Shanghai-based operations, have benefited from state subsidies, potentially distorting competition within the European Union (EU). This article delves deep into the intricacies of the European Commission’s proposed … Read more