Daimler doesn't see long-term electric vehicle goals hit by chip shortage

MUNICH - Daimler does not believe its long-term electric vehicle goals will be affected by a shortage in semiconductors, board member Britta Seeger said on Monday.

"We are also affected by the chip crisis. We are extending leasing contracts so we can keep clients mobile," Seeger said.

"We are trying to find good solutions for our clients despite the shortage. We expect a certain level of volatility at least until the end of the year.... we assume our EQ offensive will not be affected," she added in Munich.