Daimler Steps Up Electric-Truck Rollout as Tesla Rivalry Looms

  • Electrics on track to be on par with diesels in two years
  • German automaker seeks to gain edge over new competitors

Mercedes Plots $1 Billion Tesla Attack

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Daimler AG is stepping up plans to roll out electric-powered trucks as the world’s largest maker of commercial vehicles seeks to fend off newcomers like Tesla Inc. and Deutsche Post AG.

The German automaker has started initial production runs of the Fuso eCanter urban delivery truck and expects such models to vie with traditional diesel versions in the near future as battery costs plunge. Daimler is seeking to stay competitive as cities step up measures to improve air quality.