At Munich’s IAA auto show, Mercedes Benz Group AG MBGYY unveiled the Mercedes-Benz Concept CLA Class, while Bayerische Motoren Werke AG BMWYY revealed the BMW Vision Neue Klasse, according to CNBC.
These cutting-edge (EV) electric vehicles represent a bold move by the German giants into the EV arena, and they’re determined to give Tesla Inc. TSLA a run for its money.
Mercedes’ Electric Marvel
Mercedes’ Concept CLA Class, based on their innovative Modular Architecture (MMA), is set to revolutionize the EV landscape.
The lineup includes a four-door coupé, an estate, and two SUVs, promising a remarkable 750-kilometer (466-mile) range on a single charge. Moreover, a 15-minute charge will provide 400 kilometers of driving, thanks to rapid charging capabilities.
What sets Mercedes apart is their commitment to enhancing the user experience. They’re developing their very own operating system, MB.OS, to power features like an expansive dashboard screen and a voice assistant. The system will also integrate third-party apps, bringing convenience and connectivity to a new level.
According to CNBC, Mercedes is making efforts to close the gap with Tesla on the software-development front.
Mercedes’ stock gained 1% on Monday, signaling investor enthusiasm for the company’s electric ambitions.
BMW’s Vision Neue Klasse: The Tesla Challenger?
BMW’s Vision Neue Klasse is poised to be Tesla’s strong competitor, based on a groundbreaking architecture that will shape BMW’s upcoming electric cars, with production scheduled for 2025. The car boasts Panoramic Vision, a heads-up display projected on the windshield, offering critical information to the driver’s eyeline.
While specifics on range and charging are limited, BMW promises a 30% improvement in charging speed and a 30% boost in range for Neue Klasse models compared to their predecessors.
BMW’s stock saw a 0.3% increase on Monday, rebounding from a Friday heavy 3.5% dip, showcasing investor interest in BMW’s electrified future.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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