German carmaker Mercedes-Benz today unveiled big plans shifting from electric-first to electric-only, The company is getting ready to go all-electric by the end of the decade, where market conditions allow.By 2022, Mercedes-Benz will have battery electric vehicles (BEV) in all segments the company serves. 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. Mercedes-Benz 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 …
Mercedes-Benz Reveals €40 Billion Investment Plan To Go All-Electric By End Of 2030
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