Mercedes-Benz will create a subbrand for electric cars to challenge BMW and Tesla Motors in a bet that alternative-fuel cars have the potential to become profitable.
The automaker said in June that it planned to unveil an electric car at the Paris auto show in September. It will be an SUV capable of driving about 500 kilometers (310) miles on a single charge. It will also show the distinct design Mercedes has developed to set its electric cars apart.
The automaker said in June that it planned to unveil an electric car at the Paris auto show in September. It will be an SUV capable of driving about 500 kilometers (310) miles on a single charge. It will also show the distinct design Mercedes has developed to set its electric cars apart.
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