Mercedes to unveil flagship electric sedan with Tesla-beating battery

Volkswagen Group last week announced plans to become the new global sales leader no later than 2025, while BMW  forecast battery-car sales will account for roughly half of deliveries by the end of the decade.

Mercedes is in the midst of a fundamental overhaul that will include a painful restructuring of combustion-engine sites that the manufacturer depended on for a century. The revamp has culminated in parent Daimler AG’s plan to spin off its truck operation this year, the most significant strategic move since the company sold off Chrysler.

“The pace of the industry’s transformation is keeping us busy of

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