But it's not coming soon. The next-generation Mercedes-Benz C-Class made its official debut earlier this week , bringing technologies and styling inspired by the S Class Sedan . A major selling point for the new premium sedan is expected to be the fully electrified engine range, though the absence of six- and eight-cylinder engines might be a drawback for some customers. According to a new report, a battery-powered model could join the lineup in a few years to allure a new wave of clients. Autocar reports a zero tailpipe emission C-Class is set to be introduced but it won’t come until 2024. It will ride on a brand new platform, different from the MRA that underpins the new C-Class and S-Class, and different from the firm’s MEA electric vehicle architecture. It's the brand's new MMA platform for compact electric vehicles. “This vehicle addresses the current demand we believe is high around the globe from a loyal customer base,” the company’s chief operating … [Read more...] about Mercedes C-Class EV Planned On Dedicated Platform
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Formula 1 posts record $386m loss for 2020 season
Liberty Media's full-year financial results, which were released on Friday, reveal that F1's income tumbled by 44% for a total loss of $386m - compared with the previous year. Overall revenue crashed from $2022m in 2019 to $1145m last season, while the modest profit of $17m in 2019 turned into an operating loss of $386m after the teams were paid. The total payments shared between the 10 teams fell from $1012m in 2019 to just $711m last year. Liberty explained: "Team payments decreased in the full year driven by the contraction in F1 revenue and the associated impact on the calculation of variable elements of team payments. "Team payments in 2020 included one-time fees paid to teams upon signing the 2021 Concorde Agreement." The huge dive in race promotion fees was reflected in the fall in their percentage share of F1's primary revenue, down from 30% of the total in 2019 to just 12% last year. Most races either paid no fee, or a renegotiated one-off lower figure. … [Read more...] about Formula 1 posts record $386m loss for 2020 season
MG Motor & Tata Power Set Up The First 50 kW Superfast EV Charging Station In Chennai: Read More!
Home Four wheelers oi-Promeet Ghosh By Promeet Ghosh Updated: Friday, February 26, 2021, 21:07 [IST] MG Motor and Tata Power have deployed the 50 kW Superfast public EV charging station in Chennai. The deployment is in line with MG's vision to enhance the national EV charging ecosystem with 50 kW and 60 kW DC superfast charging stations. Moreover, MG along with its partners has installed 22 superfast charging stations across 17 cities in India to date. The automaker's charging infrastructure is spread across major metropolitans like Delhi-NCR, Bangalore, and tier-2 cities such as Ahmedabad and Nagpur. The Chennai launch is the automaker's fifth launch in 2021, close on the heels of Cochin, Coimbatore and Mangalore. Speaking on the deployment, Gaurav Gupta, Chief Commercial Officer, MG Motor India said, "At MG, we are building a CASE (Connected, Autonomous, Shared, and Electric) ecosystem aimed at meeting the future … [Read more...] about MG Motor & Tata Power Set Up The First 50 kW Superfast EV Charging Station In Chennai: Read More!