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

Daimler Truck sees electric trucks costs staying high, FT says

(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.

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