FRANKFURT—Mercedes-Benz on Monday took the wraps off its battery-powered VISION EQXX prototype which it says will have a range of more than 1,000 kilometres (km) per charge, taking a big stride in its electric vehicle (EV) ambitions.
Daimler, soon to be rebranded Mercedes-Benz, announced plans in 2021 to invest more than 40 billion euros ($45 billion) by 2030 to take on Tesla in an all-electric car market, including building eight battery plants. From 2025, all its new vehicle platforms will only make EVs, it has said.
