Daimler commits to electric future

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By Heather Rose - 31st January 2019

Germany – The Mercedes-Benz Car division of Daimler AG of Stuttgart, Germany has committed itself to an electric future. “By 2022, the entire Mercedes portfolio is to be electrified, with various electrified alternatives available in every segment, from the Smart to the SUVs. In total, there will be well over 130 variants, from the 48-volt electrical system to EQ Boost and plug-in hybrids and more than ten all-electric vehicles powered by batteries or fuel cells. By 2025,” Daimler’s statement read, “sales of battery-electric vehicles are to increase to 15-25 per cent of total unit sales – depending on individual customer preferences and the development of the public infrastructure.”

To achieve this e-vehicle portfolio, the company says it is investing EUR10bn in the expansion of the Mercedes-Benz Cars electric fleet and another one billion euros in the global battery production network within its worldwide production network.

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