Mercedes-Benz Reportedly Working On Line Of Electric Vehicles To Take On Tesla

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Things are about to be a bit more electric over at Mercedes-Benz: the carmaker is reportedly set to intensify its work on alternative-fuel cars with the introduction of four new models.

Bloomberg, citing people familiar with the matter, reports that Mercedes will build its own distinct line of electric vehicles starting with two SUVs and two sedans.

The new cars will be sold under a new sub-brand that has yet to be created, the sources say, noting that the plan falls in line with CEO Dieter Zetsche’s June announcement that the company would unveil an electric car at the Paris motor show this fall.

That vehicle is expected to be an SUV capable of driving about 300 miles on a single charge, Bloomberg reports.

The line of electric vehicles isn’t exactly a new endeavor for Mercedes, the carmaker has previously dabbled in the area, adding electric motors to existing models.

The new vehicles are expected to be offered for sale by the end of the decade, the sources say.

Mercedes Is About to Unveil an Entire Fleet of Electric Vehicles [Bloomberg]