Mercedes Kicks In The Afterburners On Electric Car Development

Daimler has accelerated development of Mercedes-Benz electric cars, CEO Dieter Zetsche said, adding that he saw the vehicle segment gaining market share.

"We are adjusting our planning in this field," Zetsche told analysts on Thursday during a call on second-quarter results.

His remarks to analysts come as rivals Tesla Motors and Audi prepare their own push to ramp up premium electric cars.

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MDarringer - 7/22/2016 9:57:00 AM

+1 Boost

Like I said with Audi, I'd trust a Mercedes EV over a Tesla in a heartbeat.

rockreid - 7/22/2016 5:09:49 PM

+1 Boost

I hope you are also trusting that any equivalent Mercedes all electric will START at $150k and option up well over $200k for the Insane Mode Model S model.

MDarringer - 7/22/2016 6:42:44 PM

0 Boost

Given the garbage level quality of the Model S...

TomM - 7/23/2016 7:26:45 AM

+1 Boost

Nonsense - most Mercedes vehicles do not approach that price range - and MB is not in the bespoke business for most of its range either - it is likely they would come close to Tesla for equivalent cars.