Daimler’s supervisory board approves Mercedes-Benz’s plan to invest USD67.8 billion on EVs


Approval came for the Mercedes-Benz Business Plan for 2022 to 2026, which entails plan to go fully electric while increasing net revenues per vehicle

Daimler AG’s Supervisory Board has approved the Mercedes-Benz Business Plan for 2022 to 2026, endorsing its strategic plan to go fully electric and invest EUR60 billion (USD67.8 billion) to support this transition, the company said on 2 December 2021.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload