Mercedes plans to become an electric-only automaker by 2030…!

Mercedes Benz announces their plan to become an electric-only automaker by 2030. As part of the production, Mercedes-Benz is going to install a battery cell capacity of more than 200 Gigawatt hours with its partners and plans to build eight battery factories.

Ola Kallenius, CEO of Daimler AG and Mercedes-Benz AG said “The EV shift is picking up speed – especially in the luxury segment, where Mercedes-Benz belongs. The tipping point is getting closer, and we will be ready as markets switch to electric-only by the end of this decade,”

He further added “This step marks a profound reallocation of capital. By managing this faster transformation while safeguarding our profitability targets, we will ensure the enduring success of Mercedes-Benz. Thanks to our highly qualified and motivated workforce, I am convinced that we will be successful in this exciting new era.”

Mercedes Benz has acquired YASA, a specialist in ultra-high performance axial flux motors, to develop an efficient electric car. Plug & charge will serve the overall needs of charging the vehicles and will have 530,000 AC and DC charging points installed worldwide.

The company’s vision is to make sure that, customers will have electric choices for every model car. The latest plan is to build an electric vehicle that can offer a range of over 1,000 km. The key development in the vision is to achieve an efficiency of 100 kilometers per kWh at normal highway speed.

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