Mercedes-Benz increases investment in China

Ola Källenius, Chairman of the Board of Management of Mercedes-Benz Group AG, brought a positive outlook and investment plan for the Chinese market during his fourth visit to China this year. Mercedes-Benz plans to invest more than 14 billion yuan with Chinese partners to enrich its passenger car and light commercial vehicle product lineup in the Chinese market. Starting in 2025, the company will gradually put into production the new pure electric long-wheelbase CLA model exclusively for China, the new long-wheelbase GLE SUV model, and the new luxury pure electric MPV based on the VAN.EA platform.