Daimler to Unveil Tesla Model X Rival at Paris Motor Show

- Daimler's upcoming electric car will have a range of over 500 km
- The electric car, based on a Mercedes-Benz, will be showcased in October
- Daimler plans to sell more than 100,000 electric cars a year by 2020-end
German auto giant Daimler has announced that it will come out with a long-range electric car in October at the 2016 Paris Motor Show. This new electric car from the Stuttgart-based auto manufacturer will be a direct rival to Tesla's Model X electric SUV, which currently offers a massive range of 414 km. According to the company its new electric powertrain, which will come mated to a Mercedes-Benz car, will have an exceptional range of 500 km.
As said earlier, Daimler will display the car at Paris, but there is still no word on when the car will officially go on sale, although he did mention that car will go on sale by the end of 2020. Thomas Weber, Chief Development Officer, Daimler Group, said, "The structure is ready, the teams are working and the initial results from road tests are coming in quick succession." Currently the Daimler is increasing its investments in electric vehicles in order to meet new EU pollution targets and catch up with its US-based rival and electric car leader, Tesla.
As for its current offerings, the company sells two fully electric cars under its Smart and B-class models and a host of plug-in hybrids, powered by a combined battery and combustion engine. Daimler has announced that it will also launch the fourth-generation electric Smart car at the end of the year in both two and four-seater variants. In fact more hybrid models are also in the pipeline and the company is also working on fuel cell powered cars, which run on electricity generated by hydrogen. Moreover the company is aiming to sell more than 100,000 electric cars a year by the end of the decade.
Daimler is the not the first German carmaker to enter the long-range electric car race. Rival Volkswagen's subsidiaries Audi and Porsche have already unveiled long-distance electric prototypes, while the Bavaria-based BMW is working on one. In fact it is also being said that the German government has announced subsidies for buyers of electric and other less polluting cars, which will favour their sales.
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