Mercedes-Benz disclose their 'Electric' plans

Mercedes-Benz has released details regarding the plans for their electric vehicles and allied businesses in the years to come.

Now everybody knows that Mercedes-Benz showcased its new product brand for electric mobility called EQ at the last Paris Motor Show. They even unveiled a ‘close-to-production’ concept vehicle called ‘Concept EQ’, which is slated to hit the market before 2020. Now the company claims they are laying the foundation for one of the biggest and most modern battery factories at Kamenz (Germany). This will be the brand’s second factory for lithium-ion batteries and is being built with an investment of around 500 million Euros. Mercedes-Benz is now investing in this tech since more than ten new electric passenger vehicles are slated to hit the global arena by 2022, and their electric offensive will filter onto all segments.

The company also disclosed that another ten billion Euros will be invested in the expansion of their electric fleet in the next few years. While their first EQ series model will roll off the line at the Mercedes-Benz plant in Bremen by 2020, the luxury-class EQ models will be produced at their plant in Sindelfingen. As of now, the company predicts that their electric vehicles will account for between 15 and 25 percent of the total sales by the year 2025. Mercedes-Benz is also on track with the development of electric commercial vehicles too. This can be seen in their electric vans that will go into production next year - the ‘Fuso eCanter’ which is the world’s first pure-electric light truck, the ‘Urban eTruck’ which is the world’s first fully-electric heavy-duty truck, and their upcoming fully-electric city bus. 

Mercedes-Benz has a whole lot of electrification in the works and it sure sounds promising.