Mercedes-Benz Will Shift Its Focus To Electric Vehicles By 2025

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The company said on Thursday that Mercedes-Benz will focus on all-electric vehicles in 2025 and will not be ready to sell anything but electric cars by 2030, adding the caveat that the transition is dependent on “market conditions”.

Mercedes joined a growing list of companies, including general engines, stellantis and Renault Companies that have declared their intention to accelerate the death of internal combustion engines in favor of battery vehicles without exhaust emissions.

They have less and less choice. The European Union will effectively ban new cars with internal combustion engines in 2035, while the UK, Norway and other countries have set expiration dates for vehicles powered by fossil fuels.

Daimler’s luxury car manufacturing division Mercedes is also facing pressure from Tesla, which steals well-meaning buyers. Build a factory in Berlin.

Mercedes said it will invest 40 billion euros or $47 billion in electric cars, minibuses and light commercial vehicles by 2030. In 2025, the company will introduce three new electric vehicle platforms, collections of components and technologies that can be shared between different models. – and will no longer develop platforms for internal combustion engines.

The platform shift is important because it allows Mercedes to take advantage of some of the design potential of battery-powered vehicles, such as more interior space. Electric motors are smaller than internal combustion engines and do not require large transmissions.

Mercedes said it will, working with partners, build a global network of factories to manufacture batteries and manufacture its own electric motors.

“The EV change is gaining momentum – especially in the luxury segment, where Mercedes-Benz belongs,” Daimler CEO Ola K√§llenius said in a statement. “The tipping point is approaching and we’ll be ready by the end of this decade as markets switch to electrification only.”

But the company has stopped promising to sell no more cars with internal combustion engines. By 2030, some parts of the world may not have charging networks that make it practical to own an electric vehicle.

“Mercedes-Benz will be ready for fully electric operation by the end of the decade when market conditions allow,” the company said in a statement.

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