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Daimler: Shift to electric cars non-negotiable despite virus

The company’s CEO said Wednesday the Stuttgart-based automaker was now engaging in a gradual re-start of production – and would continue its investment in electric cars and digitalization FRANKFURT: Germany’s Daimler AG, maker of Mercedes-Benz luxury cars, made only a small profit in the first quarter of 2020 as the company shut down factories and […]

Tesla’s Elon Musk said a $25,000 electric car with next-gen battery in the works

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