Mercedes-Benz Luxury Brand Decided to Go All-Electric by 2030

German luxury automaker Mercedes Benz has stepped up its electrification plans and will only produce fully electric passenger vehicles by 2030. By 2022, Mercedes-Benz has said it will have battery-electric vehicles ( BEV) in all segments. To achieve its goal of exclusively electric vehicles by 2030, Mercedes-Benz will invest heavily in R&D. In total, investments in battery electric vehicles between 2022 and 2030 will amount to more than $ 47 billion. Mercedes will operate 8 battery factories worldwide by 2030 with a combined output of 200 GWh. An electric vehicle battery factory will be established in the United States. Over 90% of Mercedes models will be built with a common battery platform with standardized interfaces.