Master student. Double degree Energy technology program. Leibniz Universität Hannover, Germany / Lappeenranta University of Technology, Finland
Mercedes-Benz has updated its electric vehicle (EV) strategy, initially set three years ago, with new targets for the upcoming decade. The company now projects that electrified vehicles, including hybrids, will constitute 50% of its sales by 2030, revising the earlier forecast of achieving this milestone by 2025. Despite this adjustment, Mercedes-Benz remains committed to advancing electrification in its product lineup, emphasizing adaptation to market conditions. Furthermore, investor presentations indicate that the cost-effectiveness of electric vehicles is not expected to match that of internal combustion engine models within this decade. #MercedesBenz #EVStrategy #Electrification #AutomotiveIndustry
