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Daimler could sell off Li-Tec's EV battery business

Five-plus years may have been about enough time for Daimler AG to know whether it wanted to be in the battery-pack production business. The Mercedes-Benz parent may stop making electric-vehicle batteries and ultimately sell its Li-Tec battery-cell factory in Germany within two years, according to Bloomberg News which cites Manager Magazin. The beneficiary may be LG Electronics, which would likely take over battery-production duties for models such as Daimler's Smart ED battery-electric vehicle. Daimler is taking a number of steps to improve profit margins, which are thinner than those of its German rivals like BMW. Like its German competition, the company has lagged behind companies such as Nissan, Renault and Tesla Motors in terms of aggressively pursuing growth via plug-in vehicle sales. Daimler spokesman Hendrik Sackmann, in an e-mail to AutoblogGreen, would only say that the battery business is growing "rapidly" and that Li-Tec is developing "according to our plans." "Regarding Li-Tec, we are working on a concept for the future line-up," he added. "The battery cells for the successor of the Smart electric drive won't be provided by Li-Tec." Daimler in 2008 launched Li-Tec as a joint venture with Evonik, though Daimler recently put plans together to buy out Evonik's 50-percent share of Li-Tec, Bloomberg reported last month. Evonik's role was manufacturing electrodes and separators for batteries. Daimler also said last fall that it was looking to cooperate more extensively with Tesla in regards to electric vehicle development. The two companies first said they'd work together in 2009. Featured Gallery 2013 Smart Fortwo ED View 16 Photos News Source: Bloomberg NewsImage Credit: Daimler Green Plants/Manufacturing Mercedes-Benz battery

Promo video shows what the Mercedes G500 4x4 can do

The Mercedes-Benz G500 4x42 is still nominally a show car, but it they're not treating it like one. They've provided their usual video follow-up to the press release and still photo launch, and they've made enough of the beasts to hold a press launch in Granada, Spain. It's even got AMG's brand new twin-turbo V8 engine in it, one that gets the 6,000-pound truck from 0-62 miles per hour in about 6.5 seconds. The only thing it needs to be a going concern is license plates; we guarantee it's not waiting on customers. Autocar could be jumping the gun, but they say it's expected to go on sale later this year for a price in excess of 200,000 pounds ($308,770 US) in the UK. Above is the promotional video, below is footage from GT Spirit from the press launch – notice how the G63 AMG in the background looks, shall we say, pedestrian. We're going to be crawling all over this truck at the Geneva Motor Show, and if we can find the keys, we might even drive it over the other show cars and out the door... or the nearest wall. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

Mercedes-AMG Sprinter63 S is a perfect April Fools' prank

The pranksters at Mercedes-Benz USA need to check their calendars because April Fools' Day isn't until tomorrow. Still, the folks over there deserve points for taking something that should be absolutely absurd and making it look great. Meet the Mercedes-AMG Sprinter63 S. This utilitarian van can seriously haul the mail thanks to the performance division's latest 4.0-liter, twin-turbo V8 boasting 503 horsepower under the hood. With a retuned suspension and rear diffuser, it should hold the road with aplomb while delivering packages at very high speeds. We really have to give Mercedes credit on the renderings too because they almost look realistic. However, the company misses the chance to really take things over the top by not basing the AMG Sprinter on the latest 4X4 model. When driving a performance van with over 500-horsepower putting your foot down should mean billows of tire smoke from the front and rear axles. Related Video: Introducing the all-new Mercedes-AMG Sprinter63 S. A combination of legendary performance and driving dynamics from Mercedes-AMG with the utility and capacity of a Sprinter Van. Ready to attack corners with its AMG custom-engineered sport suspension, the Sprinter63 S is powered by a 503hp handcrafted 4.0-liter biturbo V-8-which means it's also ready to haul a lot more than just cargo. It's exactly what you'd expect of our high performance division, if they were given the keys to a Sprinter van.