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Daimler said to speed up shift to Mercedes EVs

LONDON — Daimler will accelerate the start of electric cars and trucks slated for the middle of this 10 years while phasing out fossil-gasoline variations as it revamps its electrification technique, Manager Magazin documented on Thursday.

A lot of of the EVs the German automaker has prepared for 2024 or 2025 will be moved ahead a yr and their fossil-gasoline equivalents will be dropped from the lineup, the journal documented, citing resources shut to the matter.

According to the journal, Daimler CEO Ola Kallenius would like to announce the modifications prior to the summer split this yr and hold a funds marketplaces working day.