Industry News

Daimler to launch its Electric Car at Paris Auto Show in October 2016

Germany: While competing with Tesla Motors’ X SUV electric car, Daimler would be unveiling its most awaited Mercedes Benz electric car at the Paris auto show in October 2016.

The company’s Chief Development Officer (CDO), Thomas Weber stated that the company would present a prototype of an electric-powered Mercedes car with a 500-km (310-mile) range, at an event in Stuttgart. Also he announced that the team is working upon the structure of the car as well as the initial results from road tests are still in line. However, the CDO didn’t commented on the specific time of the electric car’s on-road arrival, other than sometime within this decade.

Daimler along with its European competitors are investing a huge capital in the development of electric vehicles, considering the new reforms made by the EU regarding pollution. The growing pollution levels in Germany, has forced the government of the country to also announce subsidies for the people buying electric and other less polluting cars in the nation.

Few other German car manufacturers such as Porsche and Audi have already launched a similar category of long distance electric car prototypes, whereas, the BMW is still working upon its model.

The CDO of the company, Thomas Weber, also declared about the launch fourth-generation electric Smart car by Daimler at the end of the year in two variants. Moreover, the company’s hybrid models are in pipeline. The company focuses on selling over 100,000 electric car variants, annually, by the end of the decade. However, he did not reveal the sales figure of the company for 2015.

Besides that, the company have continuously been working on the fuel cell technology as well. The fuel cell powered car runs on electricity generated by hydrogen. The company planned to launch a fuel cell car in the initial days of 2014, however, due to pricing issues, the plan was postponed. The fuel cell version of Mercedes SUV GLC, is likely to compete with the popular Mirai model by Toyota, with the production initiating from next year.

According to a recent report published by TechSci Research, “Global Autonomous Car Technology Market Forecast and Opportunities, 2035 – ADAS, Semi-Autonomous, Fully-Autonomous” the automobile sector has constantly been evolving in terms of engine performance and design. Apart from these parameters, evolution of autonomous features in passenger cars is garnering attention of consumers across the world. Moreover, fully-autonomous cars are expected to be commercially available by 2025, which is expected to translate into dramatic growth in the market. Key

As per TechSci Research, Daimler being a popular brand name in the global automotive market, is continuously spending a huge amount in the development of advance car models such as the electric car. Also, the company projects about the availability of the car on road by the end of the decade. With the stringent government regulations as well as progress in the automotive technology, companies like Daimler, Audi, Porsche, BMW and others are likely to change the scenario of automotive industry, globally, in coming years.

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