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Mercedes to challenge BMW, Tesla with four-car electric line-up

Firm will add two electric SUVs and two sedans under a new sub-brand: sources

Frankfurt

MERCEDES-BENZ is planning its own distinct line of electric vehicles, challenging BMW and Tesla Motors Inc in a bet that alternative-fuel cars have the potential to become profitable.

Mercedes will add two electric sport utility vehicles (SUVs) and two sedans, according...

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