Germany’s Daimler will raise the drape on its much-anticipated long-distance electric automobile at the Paris Motor Show in October, as the automaker get ready to compete with Tesla Motors Inc’s Model X.
The company will display a prototype of an electric-powered Mercedes vehicle with a 500-kilometre (310 miles) variety, Chief Development Officer Thomas Weber stated in Stuttgart at an occasion for journalists.
“The structure is prepared, the groups are working and the initial results from road tests are coming in quick succession,” he stated.
Weber did not define how quickly the vehicle would strike the roadway but said it would be at some point this decade.
Daimler and European competitors are stepping up financial investments in electric vehicles in order to meet brand-new EU contamination targets and overtake U.S. battery-car expert Tesla. The German government has likewise revealed subsidies for purchasers of electric and other less contaminating automobiles.