Mercedes-Benz plans to invest USD47 billion by 2030 to become fully-electric OEM

Corporate developments

The carmaker plans to launch three EV-only architectures in 2025

Mercedes-Benz plans to invest EUR40 billion (USD47 billion) between 2022 and 2030 in developing battery electric vehicles (BEVs) as it plans to go all electric by 2030, the German luxury carmaker said in a press announcement on 22 July.

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