Mexican Media Brands
Daimler Plans €10 Billion Spending on EVs
Daimler AG expects to invest as much as €11 billion ($11.7 billion) within the next 10 years to develop electric cars.
#hybrid
Share
Daimler AG expects to invest as much as €11 billion ($11.7 billion) within the next 10 years to develop electric cars.
Thomas Weber, the company’s r&d chief, tells the Stuttgarter Zeitung that Daimler’s plan is to develop an EV platform able to carry 10 different models, including three city cars for the company’s Smart brand.
Daimler’s interest in electrics has been driven by improved batteries and a backlash against diesels. Weber says EVs in the company’s future lineup will have driving ranges as great as 700 km (435 miles).
RELATED CONTENT
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.