Daimler CEO Says Plug-In Electric Car Plans Will Be Accelerated
Daimler Chief Executive Officer Dieter Zetsche says that Mercedes-Benz will accelerate its electric car plans. He made this announcement during a conference call with analysts a couple of weeks ago. Quoting Zetsche:
“We are adjusting our planning in this field.”
“It is very important to get the right timing. As a tendency, and as a trend, we have become more bullish in that regard.”
No specific details were released, but Zetsche did say that Mercedes-Benz will make some official announcements in regard to its electric car plans at the upcoming Paris Motor Show this October, including a 500 km/311 mile new EV/utility vehicle offering.
Reuters adds the following:
“Daimler reiterated it will increase spending in research and development, which it expects to be “significantly above” last year’s 6.6 billion euros, which was already a step up from 5.7 billion invested in 2014.”
Much of that additional spending will be in electric car-related fields.
The upcoming SUV in Paris is one of several long-range BEVs planned by M-B.