Sumary of Mercedes-Benz pushing to go all-electric by 2030:
- Daimler AG’s luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the planned share of sales by 2025 and sketching out a market scenario in which new car sales would “in essence” be fully electric by the end of the decade.
- The shift to electric vehicles “is picking up speed – especially in the luxury segment, where Mercedes-Benz belongs,” said Ola Källenius, CEO of Daimler AG and Mercedes-Benz AG.
- “The tipping point is getting closer and we will be ready as markets switch to electric-only by the end of this decade.
- The company announced this week that it is stepping up its transition to electric cars.
- (NurPhoto / Getty Images)VOLKSWAGEN KILLS OFF PASSAT IN US TO FOCUS ON SUVS AND ELECTRIC VEHICLES The company said Thursday it foresaw half its sales as battery-only or plug-in hybrid cars by 2025, up from a quarter in previous forecasts.
- The company’s statement updating its electric-vehicle strategy portrayed going all-electric as a “market scenario” the company intended to be ready for, rather than as a fixed deadline for abandoning sales of diesel or gasoline cars.
- The company said it was “getting ready to go electric by the end of the decade, where market conditions allow.
- “In Europe, the share of electric cars is increasing, heavily driven by regulation and government incentives.