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South Korea Fines Mercedes $7.6 Million for Providing Misleading Information on EV Batteries
1 day ago /
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Author：小编
South Korea's antitrust regulator announced on Tuesday that it has fined Mercedes-Benz 11.2 billion won (approximately $7.61 million) for misleading consumers about the battery suppliers for some of its electric vehicles. The Korea Fair Trade Commission pointed out that Mercedes implied in its sales guides that all its EQE and EQS electric vehicle models used battery cells from CATL, the world's largest battery manufacturer, which was not the case.
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