Daimler will shrink with shift to electric and autonomous cars

Filed under: Green,Mercedes-Benz,Autonomous,Electric

Daimler will be a smaller company five years from now, focused on capturing recurring revenues with software-based services as Mercedes-Benz seeks to redefine luxury in an era of electric self-driving cars, Chief Executive Ola Kaellenius said. The Stuttgart-based company founded by Carl Benz, who patented the first gasoline-powered car in 1886, is accelerating plans to shift the carmaker beyond combustion-engine vehicles, a step which will result in job losses. “The next five years

Continue reading Daimler will shrink with shift to electric and autonomous cars

Daimler will shrink with shift to electric and autonomous cars originally appeared on Autoblog on Sun, 15 Nov 2020 12:00:00 EST. Please see our terms for use of feeds.

Permalink |  Email this |  Comments

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top