Automakers

Daimler launches $47B EV push to catch Tesla

Daimler CEO Kallenius at the automaker's Immendingen test track in southern Germany.
Daimler CEO Kallenius is shown with the Mercedes EQ family at the automaker's Immendingen test track in southern Germany. (Mercedes-Benz AG - Global Commun/Daimler AG)
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By:
Staff and wire reports
July 22, 2021 11:49 AM

Daimler will launch three new electric platforms and build eight battery cell plants to close the gap to EV leader Tesla.

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