Friday, September 24, 2021
Markfed Sept to Nov

mrsptu

Innocent Admission

Mercedes-Benz prepares to go all-electric

- Advertisement -

Stuttgart, July 22, 2021- Luxury automobile manufacturer Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow.

Accordingly, the company is accelerating toward an emissions-free and software-driven future.

Under the plans, by 2022, Mercedes-Benz will have battery electric vehicles (BEV) in all segments the company serves.

Besides, 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.

According to Mercedes-Benz, it 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. The tipping point is getting closer and we will be ready as markets switch to electric-only by the end of this decade,” said Ola Kallenius, CEO of Daimler AG and Mercedes-Benz AG.

“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.”

Additionally, to facilitate this shift, Mercedes-Benz plans to significantly accelerate R&D.

In total, investments into battery electric vehicles between 2022 and 2030 will amount to over 40 billion.

In addition, Mercedes-Benz plans to set up eight Gigafactories for producing cells, together with its partners around the world.

“This is in addition to the already planned network of nine plants dedicated to building battery systems,” the company said in a statement.

“Next generation batteries will be highly standardised and suitable for use in more than 90 per cent of all Mercedes-Benz cars and vans while being flexible enough to offer individual solutions to all customers.”  (Agency)

Subscribe to YesPunjab Telegram Channel & receive important news updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected

20,369FansLike
112,341FollowersFollow

ENTERTAINMENT

National

GLOBAL

OPINION

Narendra Modi Joe Biden

On eve of Biden-Modi summit; a primer on what Biden needs, wants, and will ask from India – by Robinder Sachdev

When US President Joe Biden and Indian Prime Minister Narendra Modi sit down for their first-ever personal meeting, and bilateral, at the White House...
Congress Flag

Congress’ revival journey: It’s all about making the right beginning – by Nirendra Dev

Do not be surprised if another veteran Congressman, Lal Thanhawla from Mizoram , also steps aside like Capt Amarinder Singh in Punjab. The Congress...
Narendra Modi Joe Biden

Biden, Modi or who? Wanted a world leader at UNGA this week – by Robinder Sachdev

Who could be the 2-3 personalities from among the 200 or so heads of governments, who could rise and shine, and give hope to...

SPORTS

Health & Fitness

Alzheimer

Does all memory loss indicate Alzheimer’s Disease?

New Delhi, Sep 21, 2021- While memory loss is most often associated with the elderly, more and more young people today are having trouble remembering things. Are all these a sign of Alzheimer's? No, say doctors. According to doctors, multiple factors are responsible for the youth tending to forget things. These include lack of sleep, too much screen time on...

Gadgets & Tech

error: Content is protected !!