[RahulNagaraj]

Mercedes-Benz has announced that it will go all-electric by the end of the decade.

The company stated that by 2022, it will introduce battery electric vehicles (BEV) across all segments. Further to this, from 2025 onwards, all newly launched vehicles architectures will be electric-only and customers will have the option to choose an all-electric alternative to every model the company makes.



To help facilitate the shift to becoming an EV-only brand, Mercedes-Benz will be investing a total of € 40 billion between 2022 and 2030. This is expected to help the brand significantly accelerate its R&D and advance its EV portfolio plan.

In 2025, Mercedes-Benz plans to introduce three new electric-only architectures - MB.EA, AMG.EA and VAN.EA. The first platform will be used on all medium to large-sized passenger cars, while the AMG.EA will be a dedicated performance EV platform for its AMG customers. The VAN.EA will be developed specifically for electric vans and light commercial vehicles.

Mercedes-Benz also announced that the company plans to set up 8 Gigafactories for producing cells, together with its partners around the world. This is said to be in addition to the 9 manufacturing plants dedicated to building battery systems.

The German carmaker will also set up "Plug & Charge", which will allow customers to plug-in, charge and unplug their EVs, without hassle. The new Plug & Charge network will go live alongside the market launch of the EQS, which is slated for later this year.

Mercedes-Benz is also developing an all-new electric car - the Vision EQXX, which is claimed to offer a real-world range of over 1,000 km. Its world premiere is scheduled for 2022.

Link to Team-BHP news

[abhishek46]

Originally Posted by RahulNagaraj

To help facilitate the shift to becoming an EV-only brand, Mercedes-Benz will be investing a total of € 40 billion between 2022 and 2030. This is expected to help the brand significantly accelerate its R&D and advance its EV portfolio plan.

Just for reference, the Daimler Group reported about 150 'Billion' Euro revenue in 2019-20 year.

[SKC-auto]

It's incredibly hard to build an ICE car within euro 7 emission standards, we will be seeing similar statements from all major European manufacturers. I guess 2030 will be the last for ICE cars in Europe.

[rrsteer]

'Gigafactory' - the constant use of this word just goes to show how much of a benchmark Tesla is and its CEO is in terms of all things EV.

If I was MB, I would have not used that term in the press release - even if its commonly understood to mean something. On the other hand, for me and checked with a few friends yesterday, Gigafactory alludes to the factories Musk is setting up everywhere.

[volkman10]

Mercedes-Benz is spending more than previously planned on combustion engines.

Benz is investing more than previously planned in combustion engine technology, including €14bon (about R269,747,100,000) this year on its passenger cars

The premium carmaker was investing in factories and in research and development, reworking the drive train of its hybrid cars so that it "lasts well into the next decade"

the company expected only 50% of sales to be electrified vehicles, including hybrids, by the end of the decade.

Link:

[volkman10]

Six EVs coming this year.