Daimler AG signal is pictured on the IAA truck present in Hanover, Germany, September 22, 2016. REUTERS/Fabian Bimmer/File Picture/File Picture
March 27 (Reuters) – The chief govt of Daimler Truck (DTGGe.DE) mentioned electrical truck prices would “ceaselessly be greater” than these utilizing combustion engines, the Monetary Occasions 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 value of an (electrical) truck will at all times, ceaselessly be greater than a (combustion engine] truck,” he mentioned.
Reporting by Maria Ponnezhath in Bengaluru; Enhancing by Edmund Blair
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