Archive for Electric Benz


Electric Benz – Daimler Takes 10 Percent Stake in Tesla Motors

tesla_mb_01Daimler’s interest in battery systems, electric drive systems and related vehicle projects leads to the automaker acquiring nearly 10 percent of one of the leading electric vehicle companies, Tesla Motors Inc. This investment deepens the relationship between the inventor of the automobile and the newest member of the global auto industry. Tesla is the only production automaker selling a highway capable electric vehicle in North America and Europe.

The two companies have already been working closely to integrate Tesla’s lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler’s electric smart car. In order to benefit from each other’s know-how, the investment enables the partners to collaborate even more closely on the development of Continue reading » »


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