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

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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.

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