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Daimler is poised to accelerate its plug-in electrified vehicle lineup as the segment gains share and competition increases from Tesla and Audi, CEO Dieter Zetsche says. Zetsche shared insights with analysts on Thursday during a call on second-quarter results. His remarks come as rivals Tesla Motors and Audi prepare their own push to ramp up […]

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Daimler CEO Dieter Zetsche has decided not to have his company invest in electric-car battery-cell production with other German brands, at least for the time being. His reasoning? Overcapacity in the market. “The dumbest thing we could do is to add to that overcapacity,” Zetsche said earlier this month in Stuttgart, according to Automotive News. […]

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Daimler, the parent company of Mercedes-Benz, is making all top managers drive either hybrid or electric vehicles going forward. According to an article in Fortune, the company says this new policy is meant to help set a good example. In addition, Daimler announced it will invest $33 million to upgrade its charging infrastructure at various […]

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Daimler plans on investing nearly $3 billion into cleaner diesel engines. The parent company of Mercedes-Benz is developing next-generation diesel engines so that the automaker can meet new pollution-measuring standards. According to Daimler’s head of powertrain development, Bernhard Heil, the automaker is “spending the money on engine development and production capacities.” Part of the $2.94 […]

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Tesla Motors isn’t the only automaker branching into the energy storage market, and now Daimler has announced that it too will begin selling large battery units to capture solar or grid energy for home and industrial uses. With a much quieter approach compared to Tesla’s Powerwall debut, Daimler released news of its Mercedes-Benz branded products […]

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The Mercedes AMG Petronas Formula One team is all set to unveil its 2015 race car, the F1 W06 Hybrid, on Sunday February 1 2015 at the Circuito de Jerez in Spain. The team said it will present its next generation of Silver Arrows racing car in front of assembled media on the opening day […]

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Most major automotive suppliers met last week to focus on 48-volt systems during the 2nd International Conference on Advanced Automotive 48V Power Supply Systems. Leading automakers and tier 1 suppliers, discussed the need for an internationally agreed 48-volt electrical standard. A proper standard is needed by the global automotive industry to achieve the economies of […]

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Yesterday Daimler AG announced it has reorganized its cooperation with Tesla Motors Inc. In doing so, the German automaker terminated the share-price hedge it initiated in 2013 and has sold its approximately 4-percent stake in Tesla. Daimler explained it initially acquired a 9.1 percent interest in Tesla in May 2009 for an estimated $50 million. […]

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Mercedes-Benz’ small cousin, the smart, is growing; smart launched in Paris last week a new generation of fortwo as well as a four door model, the forfour. “We are proud that we have been able to make the fortwo with the same length of 2.69 meters even safer and altogether more grown up,” said Markus […]

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Executives look pleased with the result of the collaboration between Renault-Nissan and Daimler. Or at least they say they are. Both automotive powerhouses have been working in partnership since 2010. The scope of the original collaboration in 2010 was limited to three projects primarily in Europe. The combined portfolio shared between Renault-Nissan and Daimler has […]

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