What the Paris car show says about the future of electric cars

Both Volkswagen and Mercedes arrived at the Paris Motor Show with brand new electric car designs and big plans for dominating future electric vehicle sales.

The fact that electric cars have made such a high-profile appearance at the Paris Motor Show represents an industry shift away from traditional engines and diesel as the threat of tighter emissions standards looms and Tesla’s success challenges other car manufacturers to step up their electric car initiatives.

Under a new brand “EQ” for Electric Intelligence, Mercedes Benz revealed the prototype for the first of its new line of electric cars on Wednesday. In the coming years, nine more electric cars will follow as part of Mercedes’s new strategy: to secure 25 percent of the electric car market. EQ will also design home energy storage, a decidedly Tesla-like move. READ MORE.