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Automakers

Mercedes bets entry-level EV buyers will accept shorter range

Mercedes EQB
Mercedes will use lithium iron phosphate batteries for its next EQB. Shown is the current car, which went on sale in China and Europe this year, and will launch in the U.S. next year. (Mercedes-Benz AG - Global Commun/Daimler AG)
B
By:
Bloomberg
October 27, 2021 08:27 AM

Mercedes-Benz will shift to cheaper but less powerful batteries to contain soaring prices for some metals in its range of entry-level models.

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