New incentives:

• new M3/MY buyers using a referral code get $500 off purchase & 3 months of FSD
• referrers get 10,000 credits

Key points:

• Mercedes-Benz to integrate North American Charging Standard (NACS) in its electric vehicle line-up – introduction in North America starting 2025
• Mercedes-Benz drivers gain access to more than 12,000 Tesla Superchargers across North America beginning in 2024
• Mercedes-Benz to simultaneously expand new Mercedes-Benz Charging Network with more than 2,500 high-power chargers in North America to provide a best-in-class charging experience
• First Mercedes-Benz High-Power Charging sites to open in Q4 2023 for both Mercedes-Benz and non-Mercedes-Benz drivers

The joint GM and Samsung SDI plant, scheduled to begin operations in 2026, near New Carlisle, Indiana aims to have an annual production capacity of 30 gigawatt hours (GWh). The plant will produce high-nickel prismatic and cylindrical battery cells.

Toyota will introduce high-performance, solid-state batteries and other technologies to improve the driving range and cut costs of future electric vehicles (EVs), the automaker said on Tuesday, a strategic pivot that sent its shares higher.