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Daimler Takes 10% Stake in Tesla; Strategic Partnership to Collaborate on Future Models

Green Car Congress

Daimler AG has acquired an equity stake of nearly 10% in Tesla Motors Inc. The two companies have already been working closely to integrate Tesla’s lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler’s electric smart car. Elon Musk, Tesla CEO and Product Architect. Earlier post.).

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Daimler buys stake in Tesla

Green Cars News

Daimler has acquired an equity stake of nearly 10 per cent of Tesla Motors Inc, the American electric sports car manufacturer. Tesla is the only production automaker selling a highway capable electric vehicle in North America and Europe, and as such Daimler’s investment will see the company furthering its development of battery-run cars. .

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First drive: Volvo XC90 T8 Drive-E Twin Engine PHEV sets a high bar for full-size luxury SUV plug-ins in US

Green Car Congress

Bottom) Acceleration comparison of the new XC90 T8 PHEV, the older V8-powered XC90, and the Tesla Model S 85. The second cools the battery in one of two ways: either passively, via the radiator, or actively through integration with the car’s climate system. EV drive, in which the battery powers the ERAD.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Several dozen prototypes on 15-passenger van since 2004; now in second generation development; no production plans. The turning point came when tiny Tesla Motors, a Silicon Valley start-up, announced in 2006 that it would produce a speedy electric sports car powered by those same laptop batteries. Detroit News ).

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