George Gardner on Forbes reports that Mercedes-Benz is launching an electric vehicle expansion.
- Mercedes-Benz plans to attain carbon neutrality by 2039.
- The German automaker has set a goal to have half of its sales come from mild-hybrid and all-electric vehicles by 2030.
“‘We are investing more than 10 billion euros in the development of our EQ vehicle portfolio alone,’ said Ola Kallenius, CEO of Daimler AG. ‘We will also be electrifying the entire Mercedes-Benz portfolio and our customers will thus have the choice of at least one electric alternative in every Mercedes-Benz model series, taking the total to 50 overall.’”
Read the full article here.