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Volkswagen, Mercedes-Benz launch electric cars: ‘anything Tesla can do, we can do better’

German automakers Volkswagen Group and Daimler on Monday announced ambitious new plans to make long-range electric vehicles in a rapidly intensifying competition with Tesla, General Motors, Nissan and other global auto companies.

Their timing could be just right after years of tepid industry sales for electric cars.

China, hoping to clear up devastating urban smog, this weekend signaled plans to eventually ban gasoline engines, delivering a sharp jolt for battery-powered vehicles despite limited interest so far among consumers worldwide.

The moves also come amid rapidly falling battery prices, which analysts say will quickly make electric cars as affordable as gas vehicles

More www.usatoday.com/story/money/cars/2017/09/11/volkswagen-mercedes-benz-electric-cars/653903001/

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