Mercedes – Benz AG said it is gearing up to all-electric by the end of the decade. It’s the latest sign of how big car companies are preparing for a future based on electric vehicles.
The shift towards new electric vehicles is accelerating, include traditional luxury brands, Audi, BMW, Jaguar…, These companies will increase its research and development in battery electric vehicles. Plans from Mercedes Benz will seek to establish eight gigafactories to build the power cells to fit the future demand on batteries.
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Reference form: Mercedes Benz STRATEGY. (2021, July 26). Daimler Group.
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