The Mercedes-Benz Concept CLA Class electric vehicle (EV) automobile during preparations ahead of the Munich Motor Show (IAA) in Munich, Germany, on Sunday. Alex Kraus/Bloomberg via Getty Images
Mercedes-Benz Group AG unveiled an electric vehicle with a longer range than any Tesla Inc. model on the market as the German luxury-car maker intensifies its bid to challenge Elon Musk.
The company presented a near-production concept of its CLA…
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