Mercedes-Benz

The driver-assist system jointly developed by Mercedes and Momenta will debut in the all-new locally produced, all-electric CLA model to be launched this fall.

The all-new Smart #2 will be produced in China and launched in China, Europe, and other overseas markets.

The move is seen as benefiting emerging domestic luxury EV models, while negatively impacting German models that dominate the market.

Beijing Benz is recalling 13,447 locally produced EQC vehicles starting September 27, 2025.

Some vehicles in the recall have fire risk due to battery reliability and control strategy issues in the battery management system software.

This is the first time a foreign automaker has sought to apply this Chinese-made technology to models sold outside China, according to Reuters.

Mercedes-Benz said it will cut redundant roles in China, and consolidation of the business will inevitably involve some staff.

BYD has bought the remaining 10 percent of Denza from Mercedes-Benz, after increasing its stake from 50 percent to 90 percent in 2022.

Mercedes-Benz plans to invest more than RMB 14 billion ($2 billion) in China with its local partners to further enrich its local product lineup of passenger cars and light commercial vehicles.

Mercedes-Benz and Volcano Engine have signed a memorandum of strategic cooperation to collaborate in areas including large models, generative AI and big data.