Menu Close

Mercedes-Benz announces plan to go all-electric by 2025

Mercedes Electric Vehicle Charging Photo: Getty Images

*The automaker says beginning in 2025, all of Mercedes-Benz’ newly launched vehicle architectures will be electric-only

Emmanuel Akosile | ConsumerConnect

Daimler has revealed that its Mercedes-Benz brand plans to go fully electric by the end of the decade, as long as “market conditions allow” the transition.

ConsumerConnect gathered Daimler Thursday, July 22, 2021, said beginning in 2025, all of Mercedes-Benz’ “newly launched vehicle architectures will be electric-only.”

Ola Källenius, Chief Executive Officer (CEO) of both Daimler and Mercedes-Benz, in a statement said: “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.”

The Germany-based automaker said it plans to launch three electric-only architectures in 2025: MB.EA, which will relate to medium and large passenger cars; AMG.EA, which will be dedicated to performance vehicles; and VAN.EA, for light commercial vehicles and vans.

The automobile manufacturing firm stated it would be investing over €40 billion (Euros), or roughly $47 billion, in research and development projects between 2022 and 2030 in order to facilitate the shift to electric vehicles.

Källenius noted: “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.”

Kindly Share This Story

 

 

 

 

Kindly share this story