2018 launch for Benzís Tesla rival

Board members Thomas Weber and Ola Kallenius have revealed to Wheels Mercedes- Benz will launch its first all-electric model in 2018, tipped to be a large sedan to rival the likes of the Tesla Model S. The production car (teased with the futuristic IAA Concept, left) will be Mercedes-Benzís first all-electric model, and is expected to sit between the Mercedes C-Class and E-Class in size. It will have a range of 400-500km, seat five and ride on a version of the companyís MRA (Modular Rear Architecture) platform.