Daimler speeds up shift to electric vehicles, Manager Magazin reports


FILE PHOTO: A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. REUTERS/Mark Blinch/File Photo

LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magazin reported on Thursday.

Many of the electric vehicle models the German carmaker has planned for 2024 or 2025 will be moved forward a year and their fossil-fuel equivalents will be dropped from the lineup, the magazine reported, citing sources close to the matter.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Social media platform X withholds some political posts in India after election commission order
Portugal's far-right Chega vows legal action over 10-year Facebook curbs
AMD introduces AI chips for business laptops and desktops
Startup Rivos raises $250 million to develop RISC-V AI chips
Bain proposes Japan's Kioxia IPO to clear $5.8 billion loan refinance
Meta oversight board reviews handling of AI-created celebrity porn
UK starts drafting AI regulations for most powerful models
UK plans talks with Big Tech to limit online harm for teens
Nissan says it will make next-generation EV batteries by 2028
UK to criminalise the creation of intimate deepfake images

Others Also Read