BERLIN—Mercedes-Benz laid the first stone of a new research and development campus at its Untertuerkheim site in Germany on Tuesday which will research, design, and begin small series production of battery cells from 2023, the carmaker said. The campus, in which Mercedes-Benz is investing a three-digit-million euro sum, will also have a battery safety lab…
Mercedes Looking at Energy Options Should Russia Turn Off the Gas: CEO
LONDON—Mercedes-Benz is looking at energy alternatives should Russia cut gas deliveries and is working closely with German authorities to ensure energy supplies, the premium carmaker’s top executive said on Friday. “Every company is looking at options for diversifying energy sources,” Chief Executive Ola Kaellenius told Reuters TV ahead of the company’s annual general meeting. “It…
Mercedes-Benz Launches Second All-Electric SUV
BERLIN—Mercedes-Benz unveiled its EQS sport utility vehicle (SUV) on Tuesday, a 660 km (410-mile) range car that will be made in America and go on sale by autumn. Production of the EQS, the premium carmaker’s second electric SUV after its EQC, will begin at its plant in Tuscaloosa, Alabama this year. The United States and…
Mercedes-Benz Completes 1,000 Km Electric Drive on Energy-Efficient Design
BERLIN—Mercedes-Benz aims to produce electric cars consuming as little as 10 kilowatt hours of energy per 100 km (62 miles), its chief technology officer (CTO) said on Thursday, a third more efficient than the current average for electric cars. Speaking as the carmaker celebrated the successful test drive of its EQXX prototype vehicle over more…
Mercedes-Benz Says Russian Nationalization Could Threaten $2.2 Billion in Assets
LONDON—Mercedes-Benz has 2 billion euros ($2.2 billion) in assets that could be threatened by Russian proposals to nationalize the property of foreign firms that leave because of its invasion of Ukraine, the German premium carmaker said. The company said in its annual report released on Friday that the war in Ukraine raised a range of…
Mercedes-Benz Foresees EV-Only Production Lines Within a Few Years
BERLIN—Mercedes-Benz expects to have factories producing exclusively electric vehicles (EVs) by the second half of the decade but will steer clear of building EV-only plants, instead keeping production lines flexible in line with market demand. The carmaker foresees some of its production lines within factories switching fully to electric even sooner, production chief Joerg Burzer…
Daimler AG to Rebrand as Mercedes-Benz on Feb. 1
BERLIN—Daimler AG will be formally renamed Mercedes-Benz Group AG on Tuesday—nearly a year after the spin-off of its truck and bus division was announced—in a move its boss hopes will unlock shareholder value for the premium carmaker. The change is the latest in a string of structural reshuffles for the carmaker that began its life…
Mercedes-Benz Teams up With Luminar on Self-Driving Tech
San Francisco—Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar’s founder said. Automakers from Tesla to GM and Volvo have set their eyes on introducing autonomous vehicles, although regulatory and technological challenges remain. Tech firms such as Alphabet’s Waymo and…
Daimler Warns Car Owners of Fire Risk It Lacks Parts to Fix
BERLIN—Daimler’s Mercedes-Benz has informed owners of its luxury cars of a technical defect that could spark a fire, the company said on Tuesday, adding a recall was not possible because parts needed to fix the problem are not available. The issue was traced to possible leakage in the coolant pump that could heat up components,…
Mercedes-Benz Unveils 1,000 Km-per-Charge VISION EQXX Prototype
FRANKFURT—Mercedes-Benz on Monday took the wraps off its battery-powered VISION EQXX prototype which it says will have a range of more than 1,000 kilometres (km) per charge, taking a big stride in its electric vehicle (EV) ambitions. Daimler, soon to be rebranded Mercedes-Benz, announced plans in 2021 to invest more than 40 billion euros ($45…
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