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Mercedes-Benz's parent company Daimler is closing in on the launch of a new all-electric brand to rival BMW i, according to reports in the German newspaper Handelsblatt.

The brand would feature new all-electric models produced by Mercedes and sister brand Smart, but wouldn’t include hybrid versions of existing models.
 



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Mercedes Benz To Launch New Brand And All Electric Competitor To BMW's i3 THIS Year

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