Daimler accelerates electric car plans, sees higher R&D spending

Germany's Daimler which owns the Mercedes-Benz luxury brand, has accelerated development of premium electric cars, Chief Executive Dieter Zetsche said, adding he saw the vehicle segment gaining market share. "As a tendency, and as a trend, we have become more bullish in that regard." The carmaker will reveal more about its plans for electric cars at the Paris motor show in October, he said. Daimler reiterated it will increase spending in research and development, which it expects to be "signific