Mercedes-Benz says it will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla.
The German luxury automaker said at the CES gadget show in Las Vegas Jan. 5 that it will start building the North American network this year at a total cost of just over 1 billion euros ($1.05 billion). When completed in six or seven years, the network will have 400 charging stations with more than 2,500 high-power plugs, the company said.
