Word: daimler
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...addition, both companies have attracted overseas capital. Last spring, Daimler AG bought a 10% stake in Tesla to get access to technology, and Fisker's investors include a fund operated by the government of Qatar...
Unlike Detroit's automakers, Fisker and Tesla are also export-oriented. "We already sell EV components to Daimler, which will soon begin marketing an electric version of its popular and affordable Smart car," says Tesla's O'Connell. Fisker says his company stands to benefit immensely as support from countries around the world for clean vehicles increases. Germany recently unveiled an action plan to have 1 million electric cars on its roads by 2020 and Japan wants electric vehicles to make up half of all vehicle sales within a decade, he notes...
...electric car, so long promised, may finally be pulling into your driveway. In the U.S., a humbled General Motors just showed off one of its rare rays of light - the plug-in Volt, which GM says will get 230 miles per gallon when it hits roads in late 2010. Daimler is trialing an electric version of its baby Smart car and claims to get the equivalent of 300 m.p.g. In Japan this month, a confident Carlos Ghosn said that Nissan's upcoming, all-electric Leaf will get 367 m.p.g...
...makers of the Trabi aren't the only German car manufacturers turned on by the dream of electric cars. Volkswagen says it will launch an electric car by 2013, while Daimler, the maker of powerful gas-guzzling Mercedes-Benz limousines, has teamed up with power utility RWE for a series of electric-car tests in Berlin...
...blame Volkswagen CEO Martin Winterkorn for smiling this past week. VW has just turned the tables on would-be raider Porsche, placing Europe's biggest carmaker in the driver's seat for a planned merger with the much smaller and sportier firm. And while colleagues at rivals like Daimler, Fiat, General Motors and Peugeot are busy trying to survive the current economic storm, Winterkorn seems poised to throw VW into high gear...