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Mercedes-Benz to go all electric soon. Stuart Varney sez 2025.
[NBC] Mercedes-Benz maker Daimler plans to invest more than 40 billion euros, or $47 billion, between 2022 and 2030 to develop battery-electric vehicles, and be ready for an all-electric car market by 2030.

Outlining its strategy for an electric future, the German luxury carmaker said on Thursday it would, with partners, build eight battery plants as it ramps up EV production, and that from 2025 all new vehicle platforms would only make electric cars.

"We really want to go for it ... and be dominantly, if not all electric, by the end of the decade," Chief Executive Ola Källenius told Reuters, adding that spending on traditional combustion-engine technology would be "close to zero" by 2025.
Posted by: Besoeker 2021-07-23
http://www.rantburg.com/poparticle.php?ID=607983