Daimler Ups-The-Ante To €10 Billion For Electrical Vehicle R&D

Daimler is planning to invest upward to €10 billion ($11 billion) inward electrical vehicles query too development, upward from €7 billion announced entirely 6 months ago.

"By 2025 nosotros desire to railroad train 10 electrical cars based on the same architecture," Thomas Weber told Stuttgarter Zeitung's Sat edition.

"For this force nosotros desire to invest upward to 10 billion euros," he said, adding iii of the models volition hold upward Smart branded cars too that cheers to larger batteries they volition hold upward able to increase their cruising hit upward to 700 kilometers.

In September, a mortal familiar amongst Daimler's plans said that the automobile maker plans to gyre out at to the lowest degree vi electrical automobile models every bit business office of its force to compete amongst Tesla too Audi.

Separately, Daimler said on Fri that it volition maintain to sell diesel-powered vehicles inward the United States, inward contrast to German linguistic communication competition Volkswagen.

"There is currently no conclusion nor are in that location considerations to take diesel fuel from the U.S.", a companionship spokesman said, denying a written report from weekly journal Der Spiegel, which had said the carmaker was considering stopping its sales of such cars inward the U.S. side past times side year.

Diesel-powered cars concern human relationship for less than 1 percentage of the Mercedes brand's automobile sales inward the U.S. this year, he added.

That compares to a diesel fuel automobile portion of almost v percentage several years ago, Der Spiegel said.

Daimler is conducting an internal investigation of its certification procedure for diesel fuel exhaust emissions inward the U.S.A. at the asking of the Justice Department, afterwards the U.S. Environmental Protection Agency said it would review all light-duty diesel fuel vehicles.

According to Der Spiegel, the potential pullback of diesel fuel cars from the U.S. marketplace is non related to this probe.

Volkswagen said on Tuesday it would driblet diesel fuel vehicles inward the U.S.A. too refocus on sport utility too electrical vehicles, inward the wake of a damaging diesel fuel emissions cheating scandal.

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