Daimler to invest $11 billion in electronic vehicles
Posted by Big Gav in electric vehicles
Reuters reports that Daimler is about to move into the electric vehicle market - Daimler to invest $11 billion in electronic vehicles.
uxury carmaker Daimler is planning to invest up to 10 billion euros in developing electric vehicles, its research and development head told a German daily. German firms are investing heavily in electric cars, once shunned for their high cost and limited operating range but now benefiting from recent advances in battery technology and a backlash against diesel fumes.
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