Mercedes Has A Serious Tesla Fighter Coming "Soon"

Battery-powered vehicle could offer up to 311-mile range.

Mercedes-Benzhas just confirmed that it is hard at work developing an electric vehicle witha range of 400-500 kilometers (228-311 miles) that could aim directly at Tesla, according to German publication auto motor und sport. Speaking to themagazine, MB's development chief, Thomas Weber, said: "We are working on anintelligent concept for a highly attractive electric vehicle". Daimler has designated nearly half of its R&D budget in the past years tothe development of low-emissions vehicles, including EVs and hydrogen fuel cellvehicles.

Weber promised that the car, or cars, would be arriving "soon". Apparently, thecompany's modular platform will allow it to develop not just one model, but toapply it to several vehicles simultaneously. Mercedes has been involved inelectric vehicles for quite some time and was even working closely with Teslafor a while until they finally severed ties last year. In addition, thecompany is expected to roll out 10 new plug-in hybrids between now and 2017,all in the hopes of meeting the stricter emissions regulations required ofEuropean automakers. With Tesla finally introducing more than just the Model S, an onslaughtof luxury EVs from Mercedes could become its worst nightmare.

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