XM does not provide services to residents of the United States of America.

Daimler Truck to start series production of fully-electric heavy truck



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Daimler Truck to start series production of fully-electric heavy truck</title></head><body>

HANNOVER, Sept 15 (Reuters) -Daimler Truck DTGGe.DE will start producing its firstfully-electric heavy truck Mercedes-Benz eActros 600 in November this year, the bus and truckmaker said on Sunday.

Daimler Truck received 2,000 orders for the eActros600 after sales began at the end of last year. It did not disclose the battery-electric truck's purchase price, but has previously said it was 2.5 times higher than Daimler Truck's diesel equivalents.

Karin Radstrom, head of the Mercedes-Benz Truck Unit due to become Daimler Truck's chief executive in October, said the vehicle's high energy efficiency meant it would be a profitable purchase for fleet operators.

The truck, which will be produced on Mercedes-Benz Trucks' existing assembly line in Woerth am Rhein,Germany parallel to diesel vehicles, is capable of driving 500 kilometres on one battery charge and carrying 22 tonnes of cargo.

Daimler Truck's diesel equivalents can carry up to 25 tonnes of cargo and drive 1,600 kilometres a day on one fuelling on average.

Swedish peer Volvo's VOLVb.ST FH Electric truck can drive 600 kilometers on one full battery charge.

Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy firm McKinsey published earlier this monthshowed.




Reporting by Andrey Sychev and Ilona Wissenbach, Writing by Andrey Sychev, Editing by Victoria Waldersee

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.