Daimler plans at least
six electric car models: source
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[September 03, 2016]
FRANKFURT (Reuters) - German
carmaker Daimler <DAIGn.DE> plans to roll out at least six, and possibly
as many as nine, electric car models as part of its push to compete with
Tesla <TSLA.O> and Volkswagen's <VOWG_p.DE> Audi, a person familiar with
Daimler's plans told Reuters.
The maker of Mercedes-Benz cars remains on track to unveil a new
electric car at the Paris motor show next month. In July, the German
carmaker said it had accelerated development of premium electric cars, a
segment currently dominated by United States-based rival Tesla.
German trade magazine Automobilwoche earlier cited company sources as
saying Daimler would bring to market more than six electric car models
between 2018 and 2024.
German firms are investing heavily in electric cars, a segment once
neglected by the industry as customers shunned their limited operating
range and high cost.
But a growing political backlash against diesel fumes and recent
advances in battery technology to increase the reach of an electric car
by up to 50 percent have spurred major investments by Volkswagen,
Daimler and suppliers such as Bosch [ROBG.UL] and Continental <CONG.DE>.
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The Mercedes B-Class Electric Drive is presented during the media
day at the Frankfurt Motor Show (IAA) in Frankfurt, Germany
September 16, 2015. REUTERS/Kai Pfaffenbach/File Photo
Reuters' source said Mercedes would also make an SUV model with a plug-in hybrid
engine powered by fuel cells, which would have a range of up to 50 km (30 miles)
on battery power and would then run on electricity generated by hydrogen.
(Reporting by Edward Taylor; Writing by Maria Sheahan; Editing by Jon Boyle)
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