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Mercedes warns of 'brutal' electric car market as wealthy customers cut back

Stellantis, the owner of brands including Vauxhall and Peugeot, has bought a 21pc stake in a Chinese electric vehicle company to benefit from what its chief executive called the “Chinese offensive”. ....

Harald Wilhelm , Elon Musk , Carlos Tavares , Electric Car , Chinese Manufacturers , Chinese Cars , Electric Vehicle Company , Harald Wilhelm , State Subsidies , European Competitors ,