{"id":112221,"date":"2021-04-15T19:43:02","date_gmt":"2021-04-15T19:43:02","guid":{"rendered":"https:\/\/fin2me.com\/?p=112221"},"modified":"2021-04-15T19:43:02","modified_gmt":"2021-04-15T19:43:02","slug":"mercedes-rolls-out-luxury-electric-car-in-duel-with-tesla","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/mercedes-rolls-out-luxury-electric-car-in-duel-with-tesla\/","title":{"rendered":"Mercedes rolls out luxury electric car in duel with Tesla"},"content":{"rendered":"
FRANKFURT, Germany — Daimler AG on Thursday unveiled a battery-powered counterpart to its top Mercedes-Benz luxury sedan as German carmakers ramp up their challenge to electric upstart Tesla.<\/p>\n
The EQS is the first Mercedes-Benz vehicle to be built on a framework designed from the start as an electric car, rather than using components from an internal-combustion vehicle.<\/p>\n
Mercedes underscored the car’s technological features by equipping it with a sweeping touchscreen panel that stretches across the entire front of the car’s interior in place of a conventional dashboard. Tesla and other carmakers are also adding large screens to their interiors.<\/p>\n
The EQS is the sibling to the company’s S-Class large internal-combustion sedan, the luxury brands flagship model that sells for $110,000 and up. The two cars aim at the same upper end of the market, though the EQS is set apart by being build on the company’s electric-vehicle architecture, or EVA. Mercedes isn’t saying yet how much the EQS will cost when it reaches customers later this year.<\/p>\n
Daimler said the vehicle will get 770 kilometers (478 miles) on a full charge under testing standard used in the European Union. The company is offering a year’s free charging through Ionity, a network of highway charging stations built by a group of major automakers.<\/p>\n
German carmakers were slower to develop all-electric models until tougher environmental regulations and sales lost to California-based Tesla pushed them to ramp up their efforts. Volkswagen sold 422,000 electric vehicles last year and developed the ID.3, a compact it hopes will win over mass-market buyers, while its Porsche division has come out with the Taycan sports car. BMW launched the iX3 electric SUV.<\/p>\n