Daimler to invest more than €7bn in ‘green’ technologies
News
14 Jun 2016
Daimler has announced that it plans to invest more than €7 billion in green technologies within the next two years.
Announcing the increased investment, Daimler also committed to offer its entire model range in both internal combustion and electric battery powered options.
To help facilitate this shift to greener transport solutions, the manufacturer is working to develop a dedicated vehicles architecture for battery electric vehicles, which is scheduled to be launched before 2020.
Prof Dr Thomas Weber, member of the board of management of Daimler AG, group research and Mercedes-Benz cars development, said: "We will invest €14.5 billion in research and development in the next two years alone – more than half of it will again be spent on ‘green’ technologies. Just for our passenger cars, we are talking about €5.4 billion.
"As a matter of fact, no other manufacturer offers a comparable range of electrified vehicles and solutions in the field of electric mobility. The spectrum ranges from the smart city runabout and attractive Mercedes-Benz passenger cars to buses, coaches, and trucks of the Fuso brand. We will electrify all Mercedes-Benz passenger car model series step by step.”
