China to be center of Mercedes 2025 EV sales drive


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Mercedes-Benz is making China, the world's top auto market, central to its next electric-vehicle campaign starting in 2025. That is what our customers expect," CEO Ola Kallenius said in an interview with Automotive News Europe sister publication Automobilwoche. From 2025, all of Mercedes's new vehicle platforms will only make EVs under a strategy th automaker outlined in 2021. China remains the most relevant market for Germany's automakers, but local brands are in control with an 81 percent share of the Chinese EV market in 2022, Counterpoint Research found. China also has a significant stake in Mercedes, whose top two shareholders are Beijing Automotive Group and Geely Chairman Li Shufu.