Chinese manufacturer Zhejiang Geely Holding Group Co. has acquired a stake worth about 7.3 billion euros ($9 billion) in Daimler AG to become the largest investor in the German automaker.
February 23, 2018Business, Technology
Mercedes Plans More Drone Deliveries After 100 Perfect Flights
Mercedes-Benz, conducting the biggest test using drones to ship everyday items such as ground coffee and cellphones, said the mini-aircraft completed 100 drop-offs to strategically placed vans in Zurich with a perfect safety record, and more deliveries are planned for next year.
November 28, 2017Business, Technology, Fuel
Daimler Steps Up Electric Truck Rollout as Tesla Rivalry Looms
Daimler AG is stepping up plans to roll out electric-powered trucks as the world鈥檚 largest maker of commercial vehicles seeks to fend off newcomers like Tesla Inc. and Deutsche Post AG.
October 30, 2017