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Mercedes-Benz to Invest $2 Billion in China, Produce CLA Model from 2025
Sep 4, 2024, 12:30 PM
Mercedes-Benz plans to invest more than RMB 14 billion ($2 billion) in China with its local partners to enhance its lineup of passenger cars and light commercial vehicles. Starting in 2025, Mercedes-Benz will commence production of the CLA model using the new MMA platform with its joint venture partner BAIC. The CLA model will feature an 800V platform with 93% efficiency, offering a range of 400 km after 15 minutes of charging and consuming as little as 12 kWh per 100 km. The investment aims to enrich Mercedes-Benz's local product offerings and expand its commercial vehicle group in China, according to the state-backed digital newspaper The Paper.
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