Insight
BMW, Mercedes launch biggest EV push yet to catch Tesla with new models
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September 3, 2023
Tesla commanded 20% of the global EV market in the second quarter, followed by 15% for BYD, according to Counterpoint Research.
“Premium EVs now need to resemble smartphones more than traditional cars to offer a similar experience to Tesla – the gold standard in EVs with its vertically integrated platform,” Counterpoint said in a note last week...Read more