Daimler is trying to set the standard for EV batteries (BMWYY, DMLRY, VWAPY)

This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. German auto behemoth Daimler, the parent company of Mercedes-Benz, plans to buy a whopping $ 23 billion worth of electric vehicle (EV) batteries through 2030, according to Automotive […]

As Dr. Z Prepares to Move On, Daimler Taps a Swede for CEO Job

Daimler AG and its Mercedes-Benz division won’t have Dieter Zetsche at the helm for much longer. The mustachioed, jeans-loving chief executive, who’s headed the automaker since 2000, leaves the position in May, the automaker announced Wednesday. Dr. Z isn’t leaving the company — come May, the 65-year-old will accept the role of chairman of the group’s supervisory […]

Daimler just unveiled an electric truck to take on Tesla’s Semi

Daimler Daimler unveiled two electric trucks on Thursday, one of which will compete directly with Tesla‘s semi-truck, the Semi. The Freightliner eCascadia will have a range of 250 miles and be able to receive 200 miles of range from a 90-minute charge. Tesla’s Semi will have double the range of the eCascadia, 500 miles, and be […]

Friendly Foes: BMW and Daimler Form Mobility Joint Venture

– German automakers BMW Group and Daimler, which owns Mercedes-Benz, have announced a joint venture for mobility services, the two rivals have announced. The partnership, which is still subject to approval by regulators, would combine and expand the two luxury carmakers’ current suite of car sharing, parking, ride hailing, electric-vehicle charging, and multimodal transportation services. […]

BMW and Daimler will combine their transportation services

If it seems ridiculous that virtually every major car manufacturer has its own suite of transportation services, you’re not alone. BMW and Daimler have announced a plan to combine their mobility services in a 50/50 joint venture. Car2Go and DriveNow/ReachNow will unite their car sharing efforts, for example, while ChargeNow and Digital Charging Solutions would […]

Geely wants to be a tech-sharing 'friend' of Daimler in $9B bet

Chinese carmaker Geely has built up an almost 10-percent stake in Daimler in a $ 9 billion bet by its chairman that he can access the Mercedes-Benz owner’s technology in the growing battle for the future of automotives. The purchase by Li Shufu, Geely’s founder and main owner, means China’s largest privately-owned automaker is now […]

Daimler may have used software to cheat on US emissions tests

Daimler has been under suspicion of cheating on US emissions tests for quite a while now — in 2016, a number of customers even sued the automaker, claiming their cars had sneaky software made to trick testers similar to Volkswagen’s. Now, according to German newspaper Bild am Sonntag, US authorities investigating the Mercedes maker have […]

Daimler included emissions-cheating software on diesels, German magazine says

Enlarge / (Photo by TF-Images/TF-Images via Getty Images) (credit: getty images) US investigators are looking into whether Mercedes parent company Daimler used illegal software to cheat emissions tests on diesel vehicles in the US, according to German newspaper Bild am Sonntag, whose report was picked up by Reuters. Though the investigation itself is not new—it […]

BMW negotiates Daimler alliance, buys out car-service partner Sixt

Sixt sells its stake in DriveNow car-sharing to BMW BMW in talks with Daimler to combine car-sharing ​​​​​Combining car-sharing business to aid robotaxi plans FRANKFURT — Germany’s BMW has bought out partner Sixt from their joint venture DriveNow, paving the way for a broader car-sharing and driverless taxi alliance with Daimler to compete against Uber […]