29-03-2017 16:40 via yahoo.com

Daimler hits accelerator on electric car plans

Daimler, the world's biggest luxury carmaker, said Wednesday it will speed up development of electric vehicles, aiming for 10 new models within five years rather than eight.In the coming years we will spend 10 billion euros ($10.8 billion) on building up our electric fleet," chief executive Dieter Zetsche told investors in Berlin, promising battery-powered versions of vehicles from the tiny Smart to Mercedes SUVs by 2022.Stuttgart-based Daimler also produces a range of plug-in hybrids -- equippe
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