Mercedes-Benz has experienced a significant decrease in profits due to difficulties in cooling electric vehicle production and a sharp decline in sales in China.

The company is facing challenges in the competitive electric vehicle market, leading to operational issues.

The slowdown in the Chinese market, an important region for luxury car sales, has further added to the financial strain on the brand.

In response to these challenges, Mercedes-Benz is expected to review its strategies to improve production efficiency and regain market share in China as it adapts to the changing automotive industry.