• About
  • Advertise
  • Contact
Wednesday, August 17, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home Business

Daimler to expect intense competition in electric car market

bySidra Butt
April 16, 2021
in Business, Economy, Finance, New, Technology, World
Reading Time: 1 min read
0
Diamler
33
SHARES
1k
VIEWS
Share on FacebookShare on Twitter

The chief executive of Germany’s Daimler believes the automaker will face stiff opposition from tech giants like Google, Apple, and Alibaba if they decide to launch their own electric vehicles.

While the tech giants are yet to start selling their own cars, reports suggest they could soon launch products that combine hardware and software as the electric vehicle race heats up.

RelatedPosts

Industrial production increased by 11.7 % in 2021-22: PBS

Islamic Solidarity Games: Mishael Ayub reaches 100m breaststroke final

Pakistan-Iran Freight Train Service Partially Restored: Officials

On Thursday, “There will be intense competition,” Daimler CEO Ola Kallenius said when asked if he was concerned about digital companies entering the electric vehicles market.

“When an industry goes through transformation, I think it’s natural that new players look at the industry,” he said.

Kallenius said Daimler will “look at what the brand stands for and take that into the next technological era,” adding that the company will be able to build on its position if it does that well.

His comments come as Mercedes Benz, which is owned by Daimler, launches an electric version of its flagship S-Class luxury sedan.

“It’s kind of the start of a new era,” Kallenius said, before adding that there’s a lot of “curiosity” surrounding the new vehicle.

Tags: Electric VehiclesSedan
Sidra Butt

Sidra Butt

Related Posts

Industrial production increased by 11.7 % in 2021-22 PBS

Industrial production increased by 11.7 % in 2021-22: PBS

According to data from the Pakistan Bureau of Statistics (PBS), industrial production increased by 11.7% in the fiscal year 2021–2022...

Islamic Solidarity Games: Mishael Ayub reaches 100m breaststroke final

Islamic Solidarity Games: Mishael Ayub reaches 100m breaststroke final

Pakistan's Mishael Ayub reached the final of the 100-meter breaststroke in the women's swimming event of the Islamic Solidarity Games...

Next Post
Social media

Social media blocked in Pakistan from 11 am until 3 pm

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Ex-cop risks his life to thwart car-theft attempt in Pindi

Ex-cop risks his life to thwart car-theft attempt in Pindi

At least 20 killed, 6 injured in fiery bus-tanker collision on Multan-Sukkur Motorway

At least 20 killed, 6 injured in fiery bus-tanker collision on Multan-Sukkur Motorway

Industrial production increased by 11.7 % in 2021-22 PBS

Industrial production increased by 11.7 % in 2021-22: PBS

CM Punjab Hands Over Modern Machinery, Vehicles To Rescue 1122

CM Punjab Hands Over Modern Machinery, Vehicles To Rescue 1122

Death anniversary of Ustad Nusrat Fateh Ali Khan being observed today

Death anniversary of Ustad Nusrat Fateh Ali Khan being observed today

KP Govt to Develop Modern Sports Complex in Havelian

KP Govt to Develop Modern Sports Complex in Havelian

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In