Daimler Moving Electric Car Plans Forward by Three Years
March 29th, 2017Via: Reuters:
Mercedes-Benz owner Daimler (DAIGn.DE) is accelerating its electric car program, it said on Wednesday after announcing that it had failed to cut fleet emissions in Europe for the first time since 2007.
Daimler put its emissions numbers down to customers increasing preference for sports utility vehicles (SUVs), which tend to be more polluting than sedans, making it more difficult for carmakers to hit a European target for each new car to produce no more than 95 grams of carbon dioxide per kilometer by 2020.
The company said it expects Mercedes-Benz Cars to bring more than 10 new electric cars to market by 2022 through 10 billion euros ($10.8 billion) of investment, having previously aimed to achieve the target by 2025.
