German automakers are currently working on competitors to take on Tesla Model S. Case in point is Mercedes-Benz. In an interview with German publication auto motor und sport, Mercedes-Benz's development chief Thomas Weber said they are working on electric vehicle with a range of 400-500 kilometers (228-311 miles) that could be arriving 'soon'.
Now this model would use Mercedes' modular platform, which means other models could use this new electric powertrain.
This comes at an interesting time for Mercedes-Benz as the relationship between it and Tesla appears to be unraveling. Back in 2009, Mercedes' parent company, Diamler took a 9.1 percent stake in Tesla. The two would work together on some vehicles such as the Mercedes-Benz B-Class Electric drive. But last year, Tesla removed Diamler from its board. Afterwards, the German company sold off the rest of its shares in the electric car company.