Mercedes-Benz

Farasis Energy has sent samples of its first-generation semi-solid-state battery with an energy density of 330Wh/kg to Mercedes-Benz, which will start testing prototype batteries soon.

Mercedes-Benz offers four versions of the EQS with retail prices of RMB 1,079,600 - RMB 1,518,600.

The battery production line is capable of automated, flexible production and can readily adjust the production capacity of different batteries according to market demand, the company said.

It's not the first time in history that traditional brands have been hit by innovators.

This article explains why Mercedes-Benz, BMW, and Audi have suffered a spectacular defeat in China's EV market.

The Mercedes-Benz EQC registered 3,472 units in China from January to July, compared to 49,155 units for the Nio in the same period.

Nio's average sales price in September was RMB 47,500 higher than the average price of high-end brands, and RMB 41,600 higher than BMW.

Year-on-year sales performance in Sept: Tesla Model 3 up 68.8%, Nio ES6 up 63.9%, Nio EC6 up 21087.5%, while BMW 5 Series down 21.3%, Mercedes-Benz E-Class down 52.6%, Audi A4 down 53.4%.

The BMW iX3 had 9,171 insurance registrations in China from January to July, the Mercedes-Benz EQC had 3,472 and the Audi e-tron had 790. Their combined number of 13,433 is 27 percent of Nio's.

Current daily Nio share price fall is irrational & illogical with all facts pointing to Nio fully utilizing One Million EV Capacity of NeoPark in a year.