https://www.daimler.com/bilder/produkte/lkw/mercedes-benz/actros-14c459-w1120xh448-cutout.jpg

Why You Should be Excited about Daimler’s Electric Truck

September 15, 2017
1309 Views

In the wake of Tesla’s big rig reveal, automotive giants Daimler refuses to be left behind.

“The game has started,” Daimler Trucks Asia chief Mark Llistosella told Reuters in an interview on Thursday.

In recent weeks the battle to be the frontrunner for the electric car industry has been ratcheted up as Tesla, Daimler AG and other major manufacturers are trying to be the first out the gate in the world of electric motor shipping.

According to Reuters “Daimler AG (DAIGn.DE) on Thursday said United Parcel Service Inc(UPS.N) will be the first U.S. commercial customer for its new battery-powered eCanter truck, and the company will expand its electric truck production as lower cost, longer-range batteries become available within two to three years.”

This puts the pressure back on Tesla who have yet to put their big rig into production. As both companies compete for the prize of the best rig, the markets will watch with baited breath. Keep an eye on daimler stock as their electronic program begins to grow.

Read more at reuters.com.

 

You may be interested

Job Hiring is Picking Up as Employers and Consumers Gain Confidence
Economy
549 views
Economy
549 views

Job Hiring is Picking Up as Employers and Consumers Gain Confidence

Lamont J - March 29, 2021

The recent government stimulus for small and medium-sized businesses, personal stimulus checks, and declining Coronavirus cases, are all great news…

Fed Could Maintain 0% Interest Rate Until 2024
Economy
489 views
Economy
489 views

Fed Could Maintain 0% Interest Rate Until 2024

Adam R - March 26, 2021

The Federal Reserve is holding its target interest rate in a range of 0.00% - 0.25%, even while the economy…

Supply Constraints Could Slow the Home Market
Economy
555 views
Economy
555 views

Supply Constraints Could Slow the Home Market

Becky H - March 25, 2021

Low inventory has been a constant in the home market for more than a year. The supply of existing and…