Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Daimler AG
  6. News
  7. Summary
    DAI   DE0007100000

DAIMLER AG

(DAI)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Daimler : speeds up shift to electric vehicles, Manager Magazin reports

06/17/2021 | 09:08am EDT
FILE PHOTO: A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto

LONDON (Reuters) - Daimler AG will accelerate the launch of electric cars slated for the middle of this decade while phasing out fossil-fuel versions, as it revamps its electrification strategy, Manager Magazin reported on Thursday.

Many of the electric vehicle models the German carmaker has planned for 2024 or 2025 will be moved forward a year and their fossil-fuel equivalents will be dropped from the lineup, the magazine reported, citing sources close to the matter.

According to the magazine, Daimler Chief Executive Ola Källenius would like to announce the changes before the summer break this year and hold a capital markets day.

A Daimler spokesman declined to comment on the report.

The Mercedes-Benz maker said in March it would accelerate its shift to electric cars, but provided no details of how fast its car line-up will go electric.

Some carmakers have announced firm plans to go all-electric. Volvo, for instance, says all of its cars will be battery electric vehicles by 2030.

European campaign group Transport and Environment (T&E) said this week that some carmakers, including Daimler, lacked ambitious targets to phase out fossil-fuel cars.

(Reporting By Ilona Wissenbach and Nick Carey; Editing by Edmund Blair)


© Reuters 2021
All news about DAIMLER AG
03:31pTESLA : REFILE-UPDATE 1-Tesla lobbies India for sharply lower import taxes on el..
RE
12:10pLOBLAW : Progresses Plans to Electrify Fleet with Battery-Electric Trucks
MT
10:22aDAIMLER : Want a bigger raise? How about $50? U.S. companies push COVID shots fo..
RE
09:59aLoblaw Orders Five New Battery-Powered Trucks as Part of Fleet Electrificatio..
DJ
08:08aTHE NEW MERCEDES-BENZ CITAN : compact outside dimensions with generous space and..
PU
07:09aSALZGITTER : to supply green flat steel to Mercedes-Benz AG
AQ
07:04aDAIMLER AG : DZ Bank maintains a Buy rating
MD
06:36aANALYST RECOMMENDATIONS : Apple, Aviva, Biogen, Comerica Incorporated, Tesla...
05:18aDAIMLER : Seven Setra buses for Teinachtal-Reisen
PU
05:04aDAIMLER AG : Goldman Sachs gives a Buy rating
MD
More news
Financials
Sales 2021 170 B 200 B 200 B
Net income 2021 12 101 M 14 242 M 14 242 M
Net cash 2021 22 295 M 26 239 M 26 239 M
P/E ratio 2021 6,27x
Yield 2021 5,63%
Capitalization 76 365 M 89 831 M 89 874 M
EV / Sales 2021 0,32x
EV / Sales 2022 0,28x
Nbr of Employees 289 643
Free-Float 81,4%
Chart DAIMLER AG
Duration : Period :
Daimler AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DAIMLER AG
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 71,38 €
Average target price 92,63 €
Spread / Average Target 29,8%
EPS Revisions
Managers and Directors
Ola Källenius Chairman-Management Board
Harald Emil Wilhelm Chief Financial Officer
Bernd Pischetsrieder Chairman-Supervisory Board
Markus Schäfer Chief Operating Officer
Clemens A. H. Börsig Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
DAIMLER AG23.52%99 369
TOYOTA MOTOR CORPORATION22.22%246 448
VOLKSWAGEN AG36.99%152 568
GENERAL MOTORS COMPANY33.62%87 475
BMW AG15.96%71 766
FORD MOTOR COMPANY58.25%60 633