Germany

Mercedes’ electric & fuel-cell trucks to be built at Wörth Plant in Germany

Mercedes’ electric & fuel-cell trucks to be built at Wörth Plant in Germany

German automotive giant Daimler has announced that its future electric and hydrogen fuel cell trucks will be built at the Wörth plant.

Mercedes-Benz to switch to EVs earlier than previously planned

Mercedes-Benz to switch to EVs earlier than previously planned

Following Audi’s footsteps, German luxury car brand Mercedes-Benz is also accelerating its shift from conventional fossil fuel-guzzling ICE cars to environment-friendly electric vehicles (EVs).

BMW iX to be rolled out in U.S. market in Q1 of 2022, with starting price tag of $83,200

BMW iX to be rolled out in U.S. market in Q1 of 2022, with starting price tag of $83,200

German luxury automobile manufacturer BMW has announced the launch of the iX xDrive50, the production version of the company’s iNext concept EV, in the United States.

BMW will reportedly launch redesigned i3 electric vehicle in 2017

In a recent report (via Reuters), German publication Welt am Sonntag has disclosed that bigwig automaker BMW is planning to launch a redesigned next-generation BMW i3 electric vehicle in 2017.

According to the report, the redesigned i3 electric vehicle being planned by BMW for launch next year will boast an updated design of both its front and rear ends, and a longer range as compared to the previous i3 models.

Daimler may reportedly launch 6-9 “electric” models by 2024

According to a Reuters report, bigwig German car manufacturer Daimler plans to launch at least 6 - and, probably, 9 - "electric" models by the year 2024, to pose a potential challenge to electric vehicles manufactured by Tesla motors and other automakers.

The report -- based on the information shared by an unidentified source familiar with the proceedings at Daimler -- indicates that Daimler is pretty serious about its electric vehicle plans, which it has been talking about quite openly in recent times.

Bank Sector in the Euro Zone Drop Knocking Back European Shares on Monday

Bank Sector in the Euro Zone Drop Knocking Back European Shares on MondayThe European stocks took a hit again on Monday as the Euro zone bank sector dropped on news that the European Central Bank was scrutinizing some of the loans that are not performing as expected. One of the top indexes reached its lowest point in more than one year's time.

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