German automotive industry giants BMW and Mercedes-Benz manufacturer Daimler have agreed to work together to further enhance their development and implementation of self-driving technology and the creation of electric cars.

Some of the world's largest car manufacturers are joining together in an effort to develop a joint network of rapid electric-vehicle charging stations across Europe. The automakers have opted to reject the idea of installing their own charging stations in favor of a collaborative approach.

A leading German car manufacturer has publicly announced that it has reached an agreement with global ride-hailing company Uber Technologies Inc. to supply the US firm with self-driving vehicles. The collaboration between Daimler and Uber is a statement of intent as they both attempt to establish themselves as leading players in burgeoning industry of autonomous driving, which has been identified as the future of the auto sector.

A leading-German car manufacturer has announced that it has invested €25m into a firm that specializes in producing 'flying taxis'. Daimler AG is one of a number of organizations who has decided to invest in German start-up company Volocopter.

German car manufacturer Daimler has announced that it plans to invest $735m in electric vehicle production in China. In a statement issued to the press, Daimler announced that alongside its Chinese joint venture partner BAIC Motor Corporation will jointly invest 5 billion yuan ($735M) in the pursuit of battery electric vehicle production in China by 2020. In addition to this, it further disclosed its commitment to provide the infrastructure that is required.