Mercedes plans electric option on every model by 2022; Smart goes all-electric

on Sep12

Daimler CEO Dieter Zetsche with the Smart Vision EQ fortwo electric autonomous self-driving concept automobile during the Daimler media night ahead of the Frankfurt auto show on Monday. Photo credit: BLOOMBERG

FRANKFURT — Daimler AG CEO Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022, while converting its Smart city car brand to become fully electric.

Speaking at the company’s investor day in Sindelfingen, Germany, Daimler said it will offer at least 50 electrified versions of Mercedes-Benz passenger cars in hybrid and fully electric car variants.

In the U.S., Smart has gone all electric for the 2018 model year.

Because electric cars have a lower margin than combustion-engine cars, Daimler has set itself a more ambitious savings target. The company’s Fit for Leadership 4.0 plan targets savings of 4 billion euros ($4.8 billion), Daimler said.



Previous postThe new iPhone and its competitors hope to make laptops obsolete Next postWhen it rains, it pours — and Dodgers lose once more

Leave a Reply

Your email address will not be published. Required fields are marked *



Los Angeles Financial times


Copyright © 2020 Los Angeles Financial times

Updates via RSS
or Email