Daimler intends to invest €10bn into the development of ten electric cars through to 2025. By then, it plans to offer several of its car models as full-electric cars (three of them will be Smart) and believes that between 15% and 25% of its sales volume will be fully electric. Based on today’s delivery volume, this translates into an annual volume between 350,000 and 550,000 vehicles. The above numbers show the necessary investment per car model, i.e. roughly €1bn.
28 Nov 2016
€10bn for 10 electric cars
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€10bn for 10 electric cars
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
28 Nov 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
Daimler intends to invest €10bn into the development of ten electric cars through to 2025. By then, it plans to offer several of its car models as full-electric cars (three of them will be Smart) and believes that between 15% and 25% of its sales volume will be fully electric. Based on today’s delivery volume, this translates into an annual volume between 350,000 and 550,000 vehicles. The above numbers show the necessary investment per car model, i.e. roughly €1bn.