Mercedes stops work on MB.EA EV platform for large cars

Mercedes-Benz has stopped development of a next-generation platform for mid- and full-size electric vehicles as the automaker seeks to reduce spending in the EV segment amid a slowdown in sales. The news was first reported on Monday by Germany’s Handelsblatt and since confirmed by Mercedes to fellow German outlet Automobilwoche. “The pace of…Mercedes-Benz has stopped development of a next-generation platform for mid- and full-size electric vehicles as the automaker seeks to reduce spending in the EV segment amid a slowdown in sales. The news was first reported on Monday by Germany’s Handelsblatt and since confirmed by Mercedes to fellow German outlet Automobilwoche. “The pace of…