BREAKING NEWS

BREAKING NEWS

Mercedes-Benz to offer electric option for every car by 2022

Now Reading:

Mercedes-Benz to offer electric option for every car by 2022

Text size Aa Aa

FRANKFURT (Reuters) – Daimler’s Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022, converting its Smart city car brand to become fully electric. Speaking at the company’s investor day in Sindelfingen, Germany, Daimler said it will offer at least 50 electrified versions of Mercedes-Benz passenger cars in a hybrid and fully electric car variants. Because electric cars have a lower margin than electric cars, Daimler has set itself a more ambitious savings target. The company’s Fit for Leadership 4.0 plan targets savings of 4 billion euros (3.6 billion pounds), Daimler said.

(Reporting by Edward Taylor; Editing by Maria Sheahan)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.