Daimler is currently planning to invest over 40 billion euros between 2022 and 2030 to develop battery-powered, ready-to-use fully electric vehicle
In an effort to lay out a future strategy for electric vehicles, the German luxury car manufacturer confirmed that the company will "join hands" with its partners to build eight battery plants in the future. The scene is increasing production of electric vehicles. And from 2025, all new vehicle platforms will only produce electric cars.

"We are really determined for that and look forward to taking the lead in electric vehicles by the end of the decade," Mercedes-Benz brand CEO Ola Källenius confirmed to Reuters. He added that spending on traditional internal combustion engine technology will be "nearly zero" in 2025.

However, Daimler did not give any specific deadline for stopping the sale of fossil fuel cars.

Some automakers such as Volvo Cars (owned by Geely) have committed to switching to electric power for all of their cars by 2030, while General Motors (GM) intends to go entirely. implement that plan by 2035.

"We don't need to talk about when the last combustion engines were built because it's irrelevant," revealed Ola Källenius. "The question is how quickly you can scale up to almost 100% for electric power, and that's what we're focusing on."

Daimler's announcement comes just over a week after the European Union (EU) proposed a ban on the sale of new petrol and diesel cars from 2035 to speed up the transition to commercial use. zero-emission electric vehicles. This is part of an effort to combat global warming.

Ahead of the EU announcement, carmakers announced a series of major investments in electric vehicles. Earlier this month, Stellantis confirmed it will invest more than 30 billion euros by 2025 to electrify its product line.

Daimler said that by 2025, the company expects electric and hybrid vehicles to account for 50% of sales, earlier than the previously forecast 2030 milestone.

The automaker will introduce three new electric vehicle platforms by 2025, including one for cars and SUVs, one for trucks, and one geared toward high-performance vehicles. .

Of Daimler's eight new battery plants, four will be located in Europe and one in the US. Daimler confirmed that the company will soon announce new European partners in its battery production plans.

The EU has been working to strengthen its battery capacity to counter China's dominance in the battery manufacturing sector.

Competitor Volkswagen plans to build six battery plants in Europe.

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