Daimler announces $11 billion investment in electric vehicles
48 replies, posted
[QUOTE]Daimler has been fleshing out its electric vehicle strategy over the last year and a big part of it came to life in Paris earlier this year with the unveiling of Mercedes’s new ‘EQ’ brand and the first vehicle under that electric brand: ‘Generation EQ’.
The German automaker admitted that it fell behind in the electric vehicle segment, but it hopes to come out on top by 2025 with 25% of its production being electric. Now an executive confirmed that the company is planning a $11 billion investment for the first series of vehicles to come out.
[QUOTE]“For this push we want to invest up to 10 billion euros,” he said, adding three of the models will be Smart branded cars and that thanks to larger batteries they will be able to increase their cruising range up to 700 kilometers.
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[url]https://electrek.co/2016/11/27/daimler-investment-electric-vehicles/[/url]
I think at this point its pretty much a done deal... EVs are the near future
The petrol engine vehicle is dead
long live the petrol engine vehicle etc etc
[QUOTE=Blizzerd;51436805]I think at this point its pretty much a done deal... EVs are the near future
The petrol engine vehicle is dead
long live the petrol engine vehicle etc etc[/QUOTE]
Diesel will be dead in cars before petrol. Mazda and other companies have apparently made leaps and bounds with the old wankel rotary engine, Mazda seem pretty confident about it and are looking to use a small one as range extenders in the future
Hopefully soon EV's will be worth more than a tax credit to these companies.
[QUOTE=Mr. Someguy;51437046]Hopefully soon EV's will be worth more than a tax credit to these companies.[/QUOTE]
Mercedes is getting dominated by Tesla in the US so they have to respond with something decent.
[QUOTE=Mr. Someguy;51437046]Hopefully soon EV's will be worth more than a tax credit to these companies.[/QUOTE]
Absolutely this. The real test will come when we kick off the government support and let the industry stand on its own--that's when I'll start to take this movement a little more seriously.
[QUOTE=Blizzerd;51436805]I think at this point its pretty much a done deal... EVs are the near future
The petrol engine vehicle is dead
long live the petrol engine vehicle etc etc[/QUOTE]
I am keeping hidden away an old 1954 Chevy for the express purpose of whipping it out in 2050 to shock the environmentalists and/or get arrested. It will be great.
Hopefully people realize their trashy ICE cars have to go [I]somewhere[/I], and that it matters what is done with them, as well as how they get their electricity. The job won't be over just because we supposedly reduce our emissions with transportation...
Recharging infrastructure has to come from somewhere as well. I'm very curious about those plans.
Progress is progress though.
I legitimately have a fear that the push for EVs will lead to a ban on petrol vehicles which will be devastating to the classic car hobby/industry.
If anything that would probably come through a sort of emissions standard where vehicles are required to be zero/low emission. Feeding your '63 Corvette with biofuel/carbon neutral fuels should get you there. At least that should be a loophole for ICE vehicles.
[QUOTE=Morgen;51437073]Mercedes is getting dominated by Tesla in the US so they have to respond with something decent.[/QUOTE]
how so? i would prefer an E-class over a tesla anyday
[QUOTE=Grenadiac;51437406]I legitimately have a fear that the push for EVs will lead to a ban on petrol vehicles which will be devastating to the classic car hobby/industry.[/QUOTE]
I'm thinking a full-on ban is very unlikely.
[QUOTE=Grenadiac;51437406]I legitimately have a fear that the push for EVs will lead to a ban on petrol vehicles which will be devastating to the classic car hobby/industry.[/QUOTE]
I think it'll happen at some point, but no where in the next 30 to 40 years given the huge swath of petrol vehicles.
In order for the ban to even be effective, EVs will have to constitute at least 95% of the vehicles on the road and the markets just aren't going to move that fast enough unless oil prices monumentally skyrocket.
[editline]27th November 2016[/editline]
[QUOTE=Mobon1;51437525]I'm thinking a full-on ban is very unlikely.[/QUOTE]
It will at some point. But not any time soon. We'll likely be elderly or dead when it happens, if it does.
[QUOTE=Blizzerd;51436805]I think at this point its pretty much a done deal... EVs are the near future
The petrol engine vehicle is dead
long live the petrol engine vehicle etc etc[/QUOTE]
not if the regulation slashing, oil fueled congress has anything to say about it. EVs still require tons of tax and sales incentives to compete with fossil fuels but those measures, which create jobs AND stimulate the economy, are constantly being attacked
its still nice to see more companies jumping on EVs, though a lot of companies said they were embracing EVs 5 years ago and we only have a few token EVs from the main companies with Tesla being the massive stand out showing people what EVs really can do.
[editline]27th November 2016[/editline]
[QUOTE=rampageturke 2;51436915]Diesel will be dead in cars before petrol. Mazda and other companies have apparently made leaps and bounds with the old wankel rotary engine, Mazda seem pretty confident about it and are looking to use a small one as range extenders in the future[/QUOTE]
something cool i read is that they've reversed the rotary engine so that its made up of a bunch of small pistons with the rotor being one rotating cylinder head which gets the compression and fuel efficiency they really need
[QUOTE=Grenadiac;51437406]I legitimately have a fear that the push for EVs will lead to a ban on petrol vehicles which will be devastating to the classic car hobby/industry.[/QUOTE]
I mean it's not entirely impossible that there are no alternatives for fueling ICEs, it's just that those current and future developments are being overshadowed by electric. ICE's may very well become isolated in to an enthusiasts thing. It would be a bit bittersweet. But I try and put my personal enthusiast desires as secondary behind the primary issue of creating clean & renewable energy for cars.
[QUOTE=Chonch;51437240]Absolutely this. The real test will come when we kick off the government support and let the industry stand on its own--that's when I'll start to take this movement a little more seriously.
I really doubt that driving a petrol vehicle in the future would be shocking to anyone much less would it be banned, it's just that it'd turn mostly into an enthusiasts hobby.
I am keeping hidden away an old 1954 Chevy for the express purpose of whipping it out in 2050 to shock the environmentalists and/or get arrested. It will be great.[/QUOTE]
I seriously doubt that driving a petrol car in the future would be shocking, much less being banned. It'd just turn into a enthusiasts hobby.
[QUOTE=Grenadiac;51437406]I legitimately have a fear that the push for EVs will lead to a ban on petrol vehicles which will be devastating to the classic car hobby/industry.[/QUOTE]
They'll be fine, classic cars are already exempt from modern safety standards, they'll likely be exempt from a potential petrol ban as well. You'd just have to fuel it yourself, since gas stations would no longer offer petrol.
My bronco is so old that it's exempt from exhaust inspections. I suspect it'll be the same for other vehicles as they age.
[QUOTE=Piciul;51437477]how so? i would prefer an E-class over a tesla anyday[/QUOTE]
In terms of sales.
[T]https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iPX2qgG2x5_U/v0/-1x-1.png[/t]
I think at worst they'd ban new sales on ICEs. They wouldn't ban them all on public roads I wouldn't think just due to the economics, unless they plan on buying everyone new cars. The much better strategy would be to just get them to dwindle in % of cars on the road over time as new ones can't be sold, and old ones gradually get replaced by owners when it is feasible for them.
[QUOTE=thelurker1234;51438622]I think at worst they'd ban new sales on ICEs. They wouldn't ban them all on public roads I wouldn't think just due to the economics, unless they plan on buying everyone new cars, the much better strategy would be to just get them to dwindle in share of cares on the road over time as new ones can't be sold, and old ones gradually get replaced by owners when it is feasible for them.[/QUOTE]
Automotive dealers having lobbied hard against Tesla to be pushed out of several states I think is a show of force of how unachievable it would be to try and pass laws against ICEs, at least for now.
[QUOTE=thelurker1234;51438622]I think at worst they'd ban new sales on ICEs. Unless the government plans on buying everyone new cars, they wouldn't ban them all on public roads I wouldn't think just due to the economics, they'd rather just get them to fizzle out and disappear over time.[/QUOTE]
Pretty much this. When they ban new ICE mass production though depends on how fast or even if each country wants to push for low emissions. It looks like most EU countries are leaning towards 2030.
[editline]28th November 2016[/editline]
[QUOTE=Emperor Scorpious II;51438643]Automotive dealers having lobbied hard against Tesla to be pushed out of several states I think is a show of force of how unachievable it would be to try and pass laws against ICEs, at least for now.[/QUOTE]
I think that's more due to Tesla bypassing the dealerships and going direct rather than it being an EV.
I wonder what impact this will have on the industry for Daimler. I worked for them and am currently waiting on a call back whenever they decide to bring us back. Daimler also owns Detroit Motor so I almost wonder if they will be outfitting part of that plant with equipment to make the engines there.
[editline]28th November 2016[/editline]
Well I worked at the Freightliner plant building semi trucks. I wonder if they will be investing into research on a electric semi.
What does this mean if I have shares in Daimler?
[QUOTE=Halahazam;51438875]What does this mean if I have shares in Daimler?[/QUOTE]
Well, they're taking a risk with their money, and that might pay off or it might not.
So what you think it means depends on what you know about them, their field, and how optimistic you are
Just fews week ago fullycharged made a video about an electric Mercedes and his conclusion is basically that Mercedes is intentionally crippling their own EV vehicle; they are not marketing it at all and for no reason not implementing fast charging which is a big deal breaker.
[URL="https://www.youtube.com/watch?v=1WZF7HGkVTA"]https://www.youtube.com/watch?v=1WZF7HGkVTA[/URL]
[QUOTE=Morgen;51438599]In terms of sales.
[T]https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iPX2qgG2x5_U/v0/-1x-1.png[/t][/QUOTE]
Those stats don't show the E-class, which is realistically what the Model S is competing against. S-class starts at ~100k and goes up well past the 250k range for the decked out AMG models. There's far more E-class floating around. It's 80% of the luxury features of an S-class, with practically all of the safety stuff, and you can deck one out for ~80,000.
I have no idea what source you are using for that data, but if it doesn't classify an E-class a luxury sedan, it's a shit one.
[QUOTE=Zephyrs;51439066]Those stats don't show the E-class, which is realistically what the Model S is competing against. S-class starts at ~100k and goes up well past the 250k range for the decked out AMG models. There's far more E-class floating around. It's 80% of the luxury features of an S-class, with practically all of the safety stuff, and you can deck one out for ~80,000.
I have no idea what source you are using for that data, but if it doesn't classify an E-class a luxury sedan, it's a shit one.[/QUOTE]
The E class is more of a Model 3 competitor than an S competitor IMO. The RRP of the E class is £33k, about on par with the 3.
[QUOTE=Grenadiac;51437406]I legitimately have a fear that the push for EVs will lead to a ban on petrol vehicles which will be devastating to the classic car hobby/industry.[/QUOTE]
The proper way of implementing a ban would be to ban new vehicles not existing vehicles.
[QUOTE=Morgen;51437073]Mercedes is getting dominated by Tesla in the US so they have to respond with something decent.[/QUOTE]
Mercedes are money pits. You should always lease them instead of buying them. The parts you have to replace in them cost an arm and a leg.
As an American I am a bit discerned by this. How can I LS power an EV?
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