Daimler Steals Tesla Thunder With Heavy-duty Electric Truck

By Elizabeth BehrmannBloomberg News

Daimler AG is jumping the gun on Tesla Inc. by showing off a battery-powered heavy-duty truck weeks before the California electric-carmaker’s own planned unveiling, in a sign of the growing rivalry between the companies.

The E-Fuso Vision One prototype can carry 11 tons of cargo as far as 220 miles before recharging, the world’s largest maker of commercial vehicles said this week in a statement. The truck, which would be geared to shorter intra-city trips, could go on sale within four years in Europe, Japan and the U.S.

The truck is part of plans by Daimler’s Fuso brand to add electric and hybrid options across its range of trucks and buses. The announcement steals thunder from Tesla, which plans to show off a concept truck on Nov. 16. Tesla Chief Executive Officer Elon Musk engaged last month in a Twitter tussle with Daimler, a former Tesla shareholder, about electric-vehicle spending. Daimler’s Mercedes-Benz is also ramping up a line of battery-powered luxury cars to challenge Tesla models.The E-Fuso underlines the brand’s position as “the frontrunner in electric trucking,” Stuttgart, Germany-based Daimler said in the statement during the Tokyo Motor Show. Fuso last month presented the eCanter, a short-range light-duty hauler for urban deliveries.All Posts

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