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Daimler Truck sees electrical vehicles prices staying excessive, FT says By Reuters

by Index Investing News
March 27, 2022
in Stocks
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Daimler Truck sees electric trucks costs staying high, FT says
© Reuters. FILE PHOTO: Daimler AG signal is pictured on the IAA truck present in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Photograph/File Photograph

(Reuters) – The chief government of Daimler (OTC:) Truck mentioned electrical truck prices would “ceaselessly be increased” than these utilizing combustion engines, the Monetary Instances reported on Sunday, as Russia’s invasion of Ukraine added to rising uncooked materials prices.

Martin Daum informed the newspaper that governments wanted to assist make up the distinction in the price of the additional supplies utilized in battery-powered autos. “With none subsidies . . . the worth of an (electrical) truck will at all times, ceaselessly be increased than a (combustion engine] truck,” he mentioned.

Disclaimer: Fusion Media want to remind you that the information contained on this web site shouldn’t be essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs usually are not offered by exchanges however fairly by market makers, and so costs is probably not correct and will differ from the precise market value, which means costs are indicative and never acceptable for buying and selling functions. Subsequently Fusion Media doesn`t bear any accountability for any buying and selling losses you would possibly incur on account of utilizing this information.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or harm on account of reliance on the data together with information, quotes, charts and purchase/promote indicators contained inside this web site. Please be totally knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding varieties potential.



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