The Mercedes EQS will produce attractive profits but still lag the returns generated by its combustion engine-powered sibling, the S-Class, CEO Ola Kallenius said.
Toyota has begun selling its most advanced automated driving system to date in a refreshed Lexus LS sedan and will soon expand deployment to the Toyota Mirai fuel cell vehicle.
SK Innovation agreed to settle with its Seoul-based rival LG Energy, a unit of LG Chem Ltd., to avert a 10-year import ban of its batteries into the U.S.