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Daimler could sell off Li-Tec's EV battery business

Five-plus years may have been about enough time for Daimler AG to know whether it wanted to be in the battery-pack production business. The Mercedes-Benz parent may stop making electric-vehicle batteries and ultimately sell its Li-Tec battery-cell factory in Germany within two years, according to Bloomberg News which cites Manager Magazin. The beneficiary may be LG Electronics, which would likely take over battery-production duties for models such as Daimler's Smart ED battery-electric vehicle. Daimler is taking a number of steps to improve profit margins, which are thinner than those of its German rivals like BMW. Like its German competition, the company has lagged behind companies such as Nissan, Renault and Tesla Motors in terms of aggressively pursuing growth via plug-in vehicle sales. Daimler spokesman Hendrik Sackmann, in an e-mail to AutoblogGreen, would only say that the battery business is growing "rapidly" and that Li-Tec is developing "according to our plans." "Regarding Li-Tec, we are working on a concept for the future line-up," he added. "The battery cells for the successor of the Smart electric drive won't be provided by Li-Tec." Daimler in 2008 launched Li-Tec as a joint venture with Evonik, though Daimler recently put plans together to buy out Evonik's 50-percent share of Li-Tec, Bloomberg reported last month. Evonik's role was manufacturing electrodes and separators for batteries. Daimler also said last fall that it was looking to cooperate more extensively with Tesla in regards to electric vehicle development. The two companies first said they'd work together in 2009. Featured Gallery 2013 Smart Fortwo ED View 16 Photos News Source: Bloomberg NewsImage Credit: Daimler Green Plants/Manufacturing Mercedes-Benz battery

Mercedes-Benz C350 Plug-In Hybrid promises 20 miles EV range, 5.9 seconds to 60

Mercedes-Benz has introduced its first hybrid C-Class to the US market with the new C350 Plug-In Hybrid. Despite its fuel-saving purpose, though, this C is not short on firepower. MB paired a 208-horsepower, 258-pound-foot, turbocharged four-cylinder with a 80-hp, 251-lb-ft electric motor for a potent overall output of 275 hp and 443 lb-ft of torque. That translates a 0-60 time of just 5.9 seconds and a top speed of 130 miles per hour. For those that aren't interested in such frivolous numbers, though, the C-Class can still impress in more environmentally friendly ways. It can cover 20 miles to a charge and will hit speeds of up to 80 miles per hour (although not likely at the same time). Naturally, fuel economy figures aren't available at this early stage. Beyond those powertrain changes, the C350 Plug-In is still the same relaxed, luxurious baby S-Class, with a class-leading interior that should really benefit from the quiet ride provided by an electric powertrain. Take a look at our full gallery of live images of the new C-Class hybrid, straight from the Detroit's Cobo Hall. Featured Gallery 2016 Mercedes-Benz C350 Plug-In Hybrid: Detroit 2015 View 12 Photos Image Credit: Copyright 2015 Drew Phillips / AOL Green Detroit Auto Show Mercedes-Benz Hybrid Luxury 2015 Detroit Auto Show mercedes c350 plug-in hybrid

New Mercedes-Maybach concept set to debut at 2018 Beijing Motor Show

Mercedes-Maybach builds some of the most kitted out and opulent production cars in the world. Think of the Maybach S 560 and S 650 as a Mercedes S-Class taken to the next level of luxury. Today, Mercedes-Maybach revealed a new teaser for what looks like a concept for a new EV. The car is set to debut in just a few weeks at the 2018 Beijing Motor Show. This might be the Maybach SUV we reported on a few weeks back. It's difficult to make out too many details, but it definitely looks different than the Vision Mercedes-Maybach 6 that we've seen floating around for the past couple of years. A close-up shot of the steering wheel shows the soft blue glow that Mercedes has put on the EQ-branded concept cars. Other images show clean white leather, rose gold trim and a pair of seats flanking a flower-encrusted panel. All the shots appear to be of the concept's interior, so we can't say for sure that this is the rumored Maybach SUV. Either way, it's sure to be just as luxurious and formidable as anything the automaker currently has on the road. We're hoping they come up with another G-Class Landaulet. Related Video: News Source: Facebook: Mercedes-Benz Design/Style Green Beijing Motor Show Maybach Mercedes-Benz SUV Concept Cars Electric Luxury Videos mercedes-maybach