Mercedes-Benz offered a glimpse today into what its all-electric future will look like. The Germany automaker released a concept for the Vision AMG, a sports EV that will be launched under its high-performance brand AMG. See the article here.
U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company has announced. The manufacturing facility will be able to produce 155,000 vehicles a year, and will initially serve the local market, the luxury car maker said in a press release Wednesday. The vehicles will later be exported to global markets. See the article here.
Renault will revive the Scenic in 2024 as a bold electric SUV, which it has previewed with a concept car featuring a radical hydrogen-electric powertrain. Taking up the baton from the MPV built from 1991 to 2022, the new Scenic will sit above the Renault Mégane E-Tech Electric SUV in Renault’s EV line-up. See the article here.
Nio’s biggest challenge right now is making sure that supply chains are stable, CEO William Li told CNBC. The Chinese electric carmaker has had to charge customers more due to soaring prices of raw materials. See the article here.
Nissan Motor Co. and Mitsubishi Motors Corp. unveiled two new electric mini vehicles, betting consumers will embrace a battery-powered take on the well-loved class of tiny, affordable Japanese cars. See the article here.