Search Results Found For: "daimler"

Daimler sells stake in Tesla for $780 million in cash

Daimler has reorganized its financial relationship with Tesla, selling its 4% stake in the California carmaker. The cooperation between the partners on the Mercedes-Benz B-Class Electric Drive is unaffected. “We are extremely satisfied with the development of our investment in Tesla, but it is not necessary for our partnership and cooperation,” said Daimler Board Member… Read more »

Daimler/BYD’s DENZA EV enters production

DENZA, the “made in China, for China” EV from Daimler’s joint venture with Chinese automaker BYD, has started rolling off the production line in Shenzhen. The joint-venture company, BYD Daimler New Technology (BDNT), was established in 2010 with a 600-million-yuan ($98 million) initial investment. The DENZA is a four-door, five-passenger sedan with an 86 kW… Read more »

Daimler and BMW commit to common technology for wireless charging

Daimler and BMW have agreed to jointly develop and implement a common technology for wireless charging. The system consists of two components: a secondary coil integrated into the under tray of the car and a primary coil integrated into a floor plate that can be placed on a garage floor. Electrical energy is transmitted at… Read more »

Daimler switching battery suppliers again?

Does Daimler have a coherent electric-vehicle strategy? Its battery supply chain is literally all over the map, and this week’s announcement that the company may close a German battery plant that it was boasting about a month ago has the EV press puzzled. The first generation of Daimler’s smart fortwo electric drive, which is selling… Read more »

Tesla and Daimler: Is the honeymoon over?

The partnership between Tesla and Daimler, which dates from 2008, has been advantageous for both companies, with the stodgy Germans enjoying a little of Tesla’s bad-boy chic, and the Silicon Valley upstarts benefiting from Daimler’s old-world respectability. However, it’s sounding as if Daimler has lost that lovin’ feeling. Chief Executive Dieter Zetsche told reporters at… Read more »

Daimler acquires two key German battery firms

Daimler has agreed to acquire Evonik’s shares of Li-Tec Battery GmbH and Deutsche ACCUmotive GmbH, making Daimler the sole owner of the two companies. In recent years, Daimler and Evonik have worked together to develop industrial series production of lithium-ion battery cells for EVs. The two companies produce the batteries used in the current model… Read more »

Pot Daimler calls kettle Tesla black re fast charging standards

It seems that not everyone is enchanted by Tesla’s plans to install 40 to 50 Supercharger stations in Germany by the end of 2014. Carmaker Daimler and parts supplier Robert Bosch recently criticized the American company for pursuing its own proprietary DC charging standard. “The future lies in standardization. As with gas stations, we need… Read more »

Daimler joint venture launches new EV brand in China

The partnership between Daimler and Chinese automaker BYD has launched a new brand called DENZA, which will produce what the Chinese call “New Energy Vehicles” – EVs and hybrids. The very first DENZA, a concept EV, is now on display at Auto China 2012 in Beijing. Shenzhen BYD Daimler New Technology (BDNT) has provided copious… Read more »