Connect with us

OEMs

Mercedes-Benz to Go All Electric by 2030

Mercedes-Benz announced it is getting ready to go all electric by the end of the decade, where market conditions allow. Shifting from electric-first to electric-only, the world’s preeminent luxury car company is accelerating toward an emissions-free and software-driven future.

Click Here to Read More
Advertisement

By 2022, Mercedes-Benz will have battery electric vehicles (BEV) in all segments the company serves. From 2025 onwards, all newly launched vehicle architectures will be electric-only and customers will be able to choose an all-electric alternative for every model the company makes. Mercedes-Benz intends to manage this accelerated transformation while sticking to its profitability targets.

“The EV shift is picking up speed – especially in the luxury segment, where Mercedes-Benz belongs,” said Ola Källenius, CEO of Daimler AG and Mercedes-Benz AG. “The tipping point is getting closer, and we will be ready as markets switch to electric-only by the end of this decade. This step marks a profound reallocation of capital. By managing this faster transformation while safeguarding our profitability targets, we will ensure the enduring success of Mercedes-Benz. Thanks to our highly qualified and motivated workforce, I am convinced that we will be successful in this exciting new era.”

Advertisement

To facilitate this shift, Mercedes-Benz is unveiling a comprehensive plan which includes significantly accelerating R&D. In total, investments into battery electric vehicles between 2022 and 2030 will amount to nearly $50 billion. Accelerating and advancing the EV portfolio plan will bring forward the tipping point for EV adoption.

Advertisement
Click to comment

POPULAR POSTS

Sponsored Content

Spray Wide and Save Time

Sponsored Content

Four Top Paid Search Strategies for Collision Shops

Sponsored Content

4 Ways Training Can Help You Succeed During this Time

Sponsored Content

Pro Spot International Launches New PR-5 Mobile Riveting and Bonding Station

Connect
BodyShop Business