Daimler counts the cost of electric vehicles

Daimler counts the cost of electric vehicles

The maker of Mercedes-Benz luxury vehicles had its best year ever, but warned that profits would be flat this year because of huge investment demands. With the best-ever for Mercedes car sales, why isn’t Dieter Zetsche smiling? Source: dpa Most everyone knows that the next big thing in the automobile world will be self-driving cars and trucks and vehicles that operate on battery power rather than gasoline or diesel. What’s now becoming clear is that this shift from traditional cars to tomorrow’s vehicles is going to be hugely expensive to design and build, especially for luxury carmakers. Just how […]

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