Mercedes-Benz Expands EV Lineup as U.S. Automakers Scale Back Electric Vehicle Investments

As major U.S. automakers like General Motors and Ford scale back their electric vehicle (EV) strategies due to declining demand, Mercedes-Benz Group is increasing its commitment by expanding its EV lineup. The shift follows the expiration of a key federal tax credit in September 2025 that had previously driven EV adoption.

By Tobi Opeyemi Amure Thu, June 4, 2026 at 1:33 AM GMT+3 6 min read · Yahoo Finance ·

Mercedes-Benz Expands EV Lineup as U.S. Automakers Scale Back Electric Vehicle Investments

Tickers: $F $GM $HMC

Topics: automakers electric vehicles strategy shift U.S. market

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