Mercedes-Benz Aims to Double Global EV Sales This Year, CEO Says

Which company has made a significant impact in the Chinese EV market alongside domestic brands like BYD?

• Nissan

• BMW

• Tesla

• Ford

In which market segment is Mercedes primarily focusing its growth strategy in China?

• Commercial vehicles

• Economy

• Mid-range

• Premium and luxury

What is the main competitive challenge for Mercedes in the Chinese market?

• High import taxes

• Price wars in lower segments

• Lack of brand recognition

• Limited dealership network

Who are considered Mercedes' main competitors in the Chinese market?

• Korean car manufacturers

• Japanese car manufacturers

• Other German car manufacturers

• American car manufacturers

What is driving the transformation towards electric vehicles in the automotive industry?

• Environmental concerns

• Technological advancements

• Consumer demand

• Government regulations