2013 Mercedes-Benz SLS AMG E-Cell

The parent company of Mercedes-Benz, Daimler, has signed a deal with automotive parts supplier Bosch to expand their long-standing partnership and cooperate in the development and production of electric drivetrains that will eventually feature in a number of new production models. The two industry giants have signed a letter of intent and begun negotiations to establish a 50:50 joint venture that should be concluded in the first half of this year, with an aim to start building the drivetrains by as early as next year. Both companies hope that by bundling their competencies, they can...