Mercedes-Benz Delays Battery Capacity Expansion Amid Slower EV Demand

Mercedes-Benz will postpone its planned expansion of battery cell capacity as it monitors electric vehicle (EV) demand, a strategy shift prompted by lower-than-expected sales projections, the company’s technology chief revealed on Monday. Originally aiming for over 200 gigawatt hours (GWh) of battery cell capacity by 2030, Mercedes-Benz now reassesses its timeline due to revised forecasts … Continue reading Mercedes-Benz Delays Battery Capacity Expansion Amid Slower EV Demand