Automotive Industry: Major Players: Difference between revisions

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==== EV Bets ====
==== EV Bets ====
* Mercedes-Benz and BMW announced new EV models at the 2023 IAA mobility conference<ref name=":31">https://www.cnbc.com/2023/09/04/bmw-mercedes-launch-biggest-electric-vehicle-push-yet-to-catch-tesla.html</ref>.
* “The new platforms at Mercedes and BMW showcase, for the first time, what the European OEMs [original equipment manufacturers] will be capable of. These cars are likely still a year away, but their specifications show that European OEMs will be able to create compelling products,” Daniel Roeska, senior research analyst at Bernstein Research, told CNBC<ref name=":31" />.
* Roeska said these models will close a large portion of the gap with Tesla and Chinese players but not all of it<ref name=":31" />.


===== Mercedes-Benz =====
===== Mercedes-Benz =====
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* During the 2023 IAA conference, BMW announced six models that include SUVs and sedans<ref name=":28" />.
* During the 2023 IAA conference, BMW announced six models that include SUVs and sedans<ref name=":28" />.
* The models have '''30% longer range and 30% shorter recharging time''' compared to existing EV models<ref name=":28" />.
* The models have '''30% longer range and 30% shorter recharging time''' compared to existing EV models<ref name=":28" />.
* These models will come to the market in 2025.


==== Winners of the 2023 IAA mobility conference ====
==== Winners of the 2023 IAA mobility conference ====