Mercedes-Benz is a German global automobile marque and a division of Daimler AG. Mercedes-Benz is known for luxury vehicles, vans, trucks, buses, coaches and ambulances. The headquarters is in Stuttgart, Baden-Württemberg. The name first appeared in 1926 under Daimler-Benz. In 2018, Mercedes-Benz was the largest seller of premium vehicles in the world, having sold 2.31 million passenger cars.
Mercedes-Benz origins’ come from Daimler-Motoren-Gesellschaft’s 1901 Mercedes and Karl Benz’s 1886 Benz Patent-Motorwagen, which is widely regarded as the first internal combustion engine in a self-propelled automobile.
The slogan for the brand is “the best or nothing”.
With their focus set on reducing costs for both companies, Mercedes Benz and Rivian will pool their funds, supplies, technology, and skills together to achieve their aim.
The automobile giant is also working to establish eight giga-factories that will manufacture the cells for its electric car batteries. Besides, Mercedes also plans to set up a network of Plug & Charge Stations.
The artificial intelligence network for blockchains will join hands with an extensive automotive ecosystem Catena-X comprising some of the biggest industry participants.
