UK markets close in 5 hours 55 minutes
  • FTSE 100

    7,038.19
    +10.71 (+0.15%)
     
  • FTSE 250

    23,768.25
    +135.41 (+0.57%)
     
  • AIM

    1,279.30
    +7.16 (+0.56%)
     
  • GBP/EUR

    1.1711
    -0.0007 (-0.06%)
     
  • GBP/USD

    1.3795
    -0.0002 (-0.01%)
     
  • BTC-GBP

    34,701.18
    -428.70 (-1.22%)
     
  • CMC Crypto 200

    1,223.91
    -9.38 (-0.76%)
     
  • S&P 500

    4,473.75
    -6.95 (-0.16%)
     
  • DOW

    34,751.32
    -63.07 (-0.18%)
     
  • CRUDE OIL

    72.06
    -0.55 (-0.76%)
     
  • GOLD FUTURES

    1,766.10
    +9.40 (+0.54%)
     
  • NIKKEI 225

    30,500.05
    +176.71 (+0.58%)
     
  • HANG SENG

    24,920.76
    +252.91 (+1.03%)
     
  • DAX

    15,690.11
    +38.36 (+0.25%)
     
  • CAC 40

    6,662.84
    +40.25 (+0.61%)
     

Daimler doesn't see long-term electric vehicle goals hit by chip shortage

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
Munich Motor Show IAA Mobility 2021
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

MUNICH (Reuters) - Daimler does not believe its long-term electric vehicle goals will be affected by a shortage in semiconductors, board member Britta Seeger said on Monday.

"We are also affected by the chip crisis. We are extending leasing contracts so we can keep clients mobile," Seeger said.

"We are trying to find good solutions for our clients despite the shortage. We expect a certain level of volatility at least until the end of the year.... we assume our EQ offensive will not be affected," she added in Munich.

(Reporting by Victoria Waldersee; Writing by Paul Carrel; Editing by Thomas Escritt)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting