Ola kallenius - Latest News Update, Information, Photos & Videos on Ola kallenius at Lokmat Times

Stuttgart, July 22 Luxury automobile manufacturer Mercedes-Benz is getting ready to go all electric by the end of the decade, where market conditions allow.Accordingly, the company is accelerating toward an emissions-free and software-driven future.Under the plans, by 2022, Mercedes-Benz will have battery electric vehicles (BEV) in all segments the company serves.Besides, 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.According to Mercedes-Benz, it 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 tipping point is getting closer and we will be ready as markets switch to electric-only by the end of this decade," said Ola Kallenius, CEO of Daimler AG and Mercedes-Benz AG."This step marks a profound reallocation of capital.Additionally, to facilitate this shift, Mercedes-Benz plans to significantly accelerate R&D.In total, investments into battery electric vehicles between 2022 and 2030 will amount to over 40 billion.In addition, Mercedes-Benz plans to set up eight Gigafactories for producing cells, together with its partners around the world."This is in addition to the already planned network of nine plants dedicated to building battery systems," the company said in a statement."Next generation batteries will be highly standardised and suitable for use in more than 90 per cent of all Mercedes-Benz cars and vans while being flexible enough to offer individual solutions to all customers."Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Assembly Elections

IPL 2024

Bengaluru Water Crisis

Ramadan 2024

Electoral Bonds

Ola KalleniusFOLLOW

Ola kallenius, Latest News

Technology :Mercedes-Benz EV threatens Tesla with record 1,000 KM on single charge

New York/London, April 15 In a strongest challenge to Elon Musk's Tesla in the electric vehicle (EV) market, ... ...

International :Chip shortage could last into 2023

New Delhi, Sep 10 The chip shortage that is disrupting global car production could continue into 2022 and ... ...

International :Mercedes-Benz prepares to go all-electric

Stuttgart, July 22 Luxury automobile manufacturer Mercedes-Benz is getting ready to go all electric by the end of ... ...