Mercedes-Benz revises its EV plans once again
02-07-2024 12:00
![The Stuttgart car company has admitted that its initial estimate of the EV adoption rates was a tad too optimistic. The Stuttgart car company has admitted that its initial estimate of the EV adoption rates was a tad too optimistic.](https://4kjf3mn4s8.a.trbcdn.net/storage/images/8/61827/1caab28dcc5ddc6c7f1fe1201ae52f6b01.jpg)
The Stuttgart car company has admitted that its initial estimate of the EV adoption rates was a tad too optimistic.
Since it now looks like the ICE cars are staying with us through the 2030s, it means they will need to be kept up to date. Aside from this, Mercedes-Benz plans to invest in designing new, groundbreaking powertrains with superior characteristics. The investment in this area will be multiple of what the company had expected to spend before.
Specifically, Mercedes will be investing €14,000,000,000 in its projects in 2024 alone. This amount includes all EV and digitalization investments.
Editor Andrew Raspopov
Source:
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https://main1.formacar.com/en/news/view/61827.htmlActual themes
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