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A Lux Research report says that six carmakers, including Tesla and Volkswagen, will account for 90% of battery demand, with EVs emerging as the drivetrain of choice.
The automaker has agreed to provide billions to settle its emissions scandal in what is being called the largest auto-related class-action settlement in U.S. history.
As the winner of the Smart City Challenge, Columbus, Ohio, now intends to use the $40 million award to enhance its transportation methods and go electric.
Teams will cross three continents, 20 countries and more than 40 major cities, aiming to beat the 127-day record.
With a massive investment in electromobility, the automaker pledges to electrify all Mercedes-Benz model series.
Through a three-year, $1.4 million lease deal, the LAPD will acquire and use the EVs for transport and outreach.
Plaintiffs claim their EVs go into "limp mode" - dropping to dangerously low speeds and failing to accelerate.