31 Mar '17, 11am

Mercedes-Benz electric cars to arrive sooner as urgency increases

Mercedes-Benz electric cars to arrive sooner as urgency increases

High Gear Media Staff Mar 31, 2017 Mercedes-Benz EQ electric car concept [photo: Axel Harries] Enlarge Photo Mercedes-Benz parent company Daimler is speeding up its shift towards electrification. The auto-maker remains on track to bolster its portfolio with 10 electric vehicles, but they’ll arrive three full years sooner than expected. The battery-powered cars are now scheduled to debut by 2022 instead of by 2025, company officials have confirmed. That’s an ambitious goal, especially because the electric cars will use brand-new technology, but Daimler is investing 10 billion Euros (about $10.8 billion) to make it happen. DON'T MISS: Automakers ‘not even trying’ to sell electric cars, Tesla says Daimler needs to make “fundamental changes” to remain successful, according to analysts who spoke to Bloomberg . Many of the new models will be part of a recently created sub-brand ...

Full article: http://www.greencarreports.com/news/1109657_mercedes-benz...

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