The variable costs for producing EVs will remain higher than for combustion engine models, the CEO of Mercedes-Benz said.
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Mercedes-Benz plans to invest more than €40-billion by 2030 to be ready to take on Tesla in an all-electric car market, but warned the shift in technology would lead to job cuts.
Car and other vehicle concepts are transforming the traditional gadget convention into something more diverse.
One year ago this week, Elon Musk took to a stage to unveil his most important vehicle yet: the US$35 000 Model 3. The electric five-seater accelerates as fast as the the best-selling luxury sport sedans in America
Tesla has taken plenty of flak lately, notably for its tendency to burn through vast sums of cash without delivering profit. But in at least one respect it’s succeeding beyond CEO Elon Musk’s wildest dreams
Mercedes-Benz is looking at mounting automated flying drones onto a new line of electric vans as part of a €500m (R7,9bn) investment aimed at speeding delivery times for online orders. The small, pilotless aircraft would be part