Mercedes-Benz Cuts Production Costs
This is a China news story, published by Telegraph, that relates primarily to Western EV news.
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MercedesTelegraph
•Technology
Technology
Mercedes to cut costs as electric car sales plunge - latest updates

71% Informative
German car maker said it plans to slash production costs by 10pc by 2027 .
It expects sharp drop in profits this year despite plans for a series of product launches.
Sales in China , the German car giant’s largest single market, dropped by 7pc .
Western EV manufacturers have struggled to compete with a flood of cheaper, Chinese -made EVs.
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