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“Boring” EQC fails to provide Mercedes-Benz with EV momentum
The Mercedes-Benz EQC was supposed to be the German automaker’s answer to Tesla’s emergence as the dominant force in electric transportation. After an introduction that could only be described as a disappointment, Mercedes’ parent company Daimler’s Shareholder meeting on Wednesday revealed how some investors felt about the EQC’s underwhelming performance.
“Too late, too expensive, and too boring,” Speich said about the EQC, which has had less-than-desirable sales figures, according to the German Federal Motor Transport Authority.
In 2019, only 397 units of the EQC were sold, and as of May 28, 2020, an additional 276 have been sold. The combination of these two figures is indicative of less than 700 units sold since the vehicle’s launch in late 2019.
2019 was a rough year for Daimler, and the EQC undoubtedly contributed to the struggles the automaker felt over the previous twelve months. Deka Investment, which holds about 5.4 million shares of Daimler stock, was vocal when the EQC came to light during the Shareholder meeting.
The all-electric EQC was released last year, and Deka’s Head of Sustainability and Corporate Governance Ingo Speich had prepared remarks that broke down the disappointing performance of the car, Yahoo reported.
Not all is bad for Mercedes-Benz, though. The company’s deliveries in China climbed to a record in Q2 2020, and truck and global car sales rose in June compared to the same month in 2019. The company did state that it will not turn a profit in the quarter due to the coronavirus, which halted the automaker’s momentum that included a plan to implement “thousands” of efficiency measures, according to Daimler CEO Ola Kallenius.
“Our previous efficiency goals covered the upcoming transformation, but not a global recession,” Kallenius said. “Daimler can do better, and we are determined to deliver.”
Mercedes will unveil the compact EQA electric car later this year, Kallenius said. The luxury car company will also offer five electric models and more than 20 plug-in hybrids by the end of the year. The push toward electrification is geared toward meeting strict European emissions rules in 2020 and 2021. Kallenius stated that reaching the CO2 limits will be “challenging.”
Daimler shares have declined by 24% so far in 2020, giving the company a market cap of €40 billion, or $45.3 billion. This figure is less than 20% of Tesla’s $257.26 billion market cap.
Daimler also announced a restructuring plan in November that foresaw the elimination of more than 10,000 jobs worldwide. The move will save the company €1.4 billion, or $1.58 billion in personnel spending by 2022.
Although the EQC did not live up to the hype that Mercedes-Benz expected, there is still hope. With the German automaker planning to produce several more fully-electric models and a broad spectrum of hybrid vehicles in the future, the push toward a sustainable fleet is still within reason. Mercedes has a long history of manufacturing luxury automobiles, and shifting to electric transportation presents a variety of exciting challenges that have stumped some of the biggest car companies in the world, like Volkswagen.
There is room for improvement, but the EQC is not necessarily an indicator of what Mercedes-Benz has to offer. The company must learn from the underwhelming performance of the EQC and push for the development of more advanced EV technologies for its future models.
Elon Musk
Tesla AI5 chip nears completion, Elon Musk teases 9-month development cadence
The Tesla CEO shared his recent insights in a post on social media platform X.
Tesla’s next-generation AI5 chip is nearly complete, and work on its successor is already underway, as per a recent update from Elon Musk.
The Tesla CEO shared his recent insights in a post on social media platform X.
Musk details AI chip roadmap
In his post, Elon Musk stated that Tesla’s AI5 chip design is “almost done,” while AI6 has already entered early development. Musk added that Tesla plans to continue iterating rapidly, with AI7, AI8, AI9, and future generations targeting a nine-month design cycle.
He also noted that Tesla’s in-house chips could become the highest-volume AI processors in the world. Musk framed his update as a recruiting message, encouraging engineers to join Tesla’s AI and chip development teams.
Tesla community member Herbert Ong highlighted the strategic importance of the timeline, noting that faster chip cycles enable quicker learning, faster iteration, and a compounding advantage in AI and autonomy that becomes increasingly difficult for competitors to close.
AI5 manufacturing takes shape
Musk’s comments align with earlier reporting on AI5’s production plans. In December, it was reported that Samsung is preparing to manufacture Tesla’s AI5 chip, accelerating hiring for experienced engineers to support U.S. production and address complex foundry challenges.
Samsung is one of two suppliers selected for AI5, alongside TSMC. The companies are expected to produce different versions of the AI5 chip, with TSMC reportedly using a 3nm process and Samsung using a 2nm process.
Musk has previously stated that while different foundries translate chip designs into physical silicon in different ways, the goal is for both versions of the Tesla AI5 chip to operate identically. AI5 will succeed Tesla’s current AI4 hardware, formerly known as Hardware 4, and is expected to support the company’s Full Self-Driving system as well as other AI-driven efforts, including Optimus.
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Tesla Model Y and Model 3 named safest vehicles tested by ANCAP in 2025
According to ANCAP in a press release, the Tesla Model Y achieved the highest overall weighted score of any vehicle assessed in 2025.
The Tesla Model Y recorded the highest overall safety score of any vehicle tested by ANCAP in 2025. The Tesla Model 3 also delivered strong results, reinforcing the automaker’s safety leadership in Australia and New Zealand.
According to ANCAP in a press release, the Tesla Model Y achieved the highest overall weighted score of any vehicle assessed in 2025. ANCAP’s 2025 tests evaluated vehicles across four key pillars: Adult Occupant Protection, Child Occupant Protection, Vulnerable Road User Protection, and Safety Assist technologies.
The Model Y posted consistently strong results in all four categories, distinguishing itself through a system-based safety approach that combines structural crash protection with advanced driver-assistance features such as autonomous emergency braking, lane support, and driver monitoring.
This marked the second time the Model Y has topped ANCAP’s annual safety rankings. The Model Y’s previous version was also ANCAP’s top performer in 2022.
The Tesla Model 3 also delivered a strong performance in ANCAP’s 2025 tests, contributing to Tesla’s broader safety presence across segments. Similar to the Model Y, the Model 3 also earned impressive scores across the ANCAP’s four pillars. This made the vehicle the top performer in the Medium Car category.
ANCAP Chief Executive Officer Carla Hoorweg stated that the results highlight a growing industry shift toward integrated safety design, with improvements in technologies such as autonomous emergency braking and lane support translating into meaningful real-world protection.
“ANCAP’s testing continues to reinforce a clear message: the safest vehicles are those designed with safety as a system, not a checklist. The top performers this year delivered consistent results across physical crash protection, crash avoidance and vulnerable road user safety, rather than relying on strength in a single area.
“We are also seeing increasing alignment between ANCAP’s test requirements and the safety technologies that genuinely matter on Australian and New Zealand roads. Improvements in autonomous emergency braking, lane support, and driver monitoring systems are translating into more robust protection,” Hoorweg said.
News
Tesla Sweden uses Megapack battery to bypass unions’ Supercharger blockade
Just before Christmas, Tesla went live with a new charging station in Arlandastad, outside Stockholm, by powering it with a Tesla Megapack battery.
Tesla Sweden has successfully launched a new Supercharger station despite an ongoing blockade by Swedish unions, using on-site Megapack batteries instead of traditional grid connections. The workaround has allowed the Supercharger to operate without direct access to Sweden’s electricity network, which has been effectively frozen by labor action.
Tesla has experienced notable challenges connecting its new charging stations to Sweden’s power grid due to industrial action led by Seko, a major Swedish trade union, which has blocked all new electrical connections for new Superchargers. On paper, this made the opening of new Supercharger sites almost impossible.
Despite the blockade, Tesla has continued to bring stations online. In Malmö and Södertälje, new Supercharger locations opened after grid operators E.ON and Telge Nät activated the sites. The operators later stated that the connections had been made in error.
More recently, however, Tesla adopted a different strategy altogether. Just before Christmas, Tesla went live with a new charging station in Arlandastad, outside Stockholm, by powering it with a Tesla Megapack battery, as noted in a Dagens Arbete (DA) report.
Because the Supercharger station does not rely on a permanent grid connection, Tesla was able to bypass the blocked application process, as noted by Swedish car journalist and YouTuber Peter Esse. He noted that the Arlandastad Supercharger is likely dependent on nearby companies to recharge the batteries, likely through private arrangements.
Eight new charging stalls have been launched in the Arlandastad site so far, which is a fraction of the originally planned 40 chargers for the location. Still, the fact that Tesla Sweden was able to work around the unions’ efforts once more is impressive, especially since Superchargers are used even by non-Tesla EVs.
Esse noted that Tesla’s Megapack workaround is not as easily replicated in other locations. Arlandastad is unique because neighboring operators already have access to grid power, making it possible for Tesla to source electricity indirectly. Still, Esse noted that the unions’ blockades have not affected sales as much.
“Many want Tesla to lose sales due to the union blockades. But you have to remember that sales are falling from 2024, when Tesla sold a record number of cars in Sweden. That year, the unions also had blockades against Tesla. So for Tesla as a charging operator, it is devastating. But for Tesla as a car company, it does not matter in terms of sales volumes. People charge their cars where there is an opportunity, usually at home,” Esse noted.
Tesla AI5 chip nears completion, Elon Musk teases 9-month development cadence
Tesla Model Y and Model 3 named safest vehicles tested by ANCAP in 2025
