Mercedes-Benz to invest 60 billion euros to go fully electric
3 December 2021, 04:22:15

For the transformation into a software-driven and emissions-free future, the Supervisory Board signed off on an investment plan for the years 2022 to 2026 of more than 60 billion euros. Although the company plans to reduce capex, research and development expenditure for the electrification of the product portfolio and digitalization measures, including steps towards automated driving, will remain at a high level.
Mercedes-Benz is preparing to go all-electric by the end of the decade, wherever market conditions allow. Against this background, the Supervisory Board supports existing measures to consistently increase efficiency and to lower fixed costs, as was communicated during the Mercedes-Benz Strategy Update on October 6, 2020 and reiterated on July 22, 2021. At the same time, the investment plan for 2022 to 2026 remains in line with the goal of cutting capex and research and development spending by more than 20 percent between 2019 and 2025 and to further reduce it beyond this date.
The key to achieving this is stringent prioritization of future investments – mainly by focusing on electric mobility. The company expects that the use of standardized battery platforms and scalable vehicle architectures - together with advances in battery technology - will contribute to a reduction in the variable costs of vehicles. The proportion of battery costs in a vehicle is expected to decrease significantly this decade.
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2022 GMC Hummer EV Pickup Edition 1
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2023 Rivian R1T Adventure Dual-Motor Max Pack
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2023 Rivian R1T Adventure Quad-Motor Large Pack
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2021 Audi e-tron S Sportback quattro
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Length: 193.0 in / 4902 mm
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Curb weight: 5941.46 lb / 2695 kg
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Battery: 95 kWh, Voltage: 396 V

2021 Audi e-tron S quattro
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Length: 193.0 in / 4902 mm
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Curb weight: 5941.46 lb / 2695 kg
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Battery: 95 kWh, Voltage: 396 V

2022 Audi Q4 Sportback e-tron 50 quattro Vorsprung
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Length: 180.6 in / 4588 mm
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Electric motor #2: 70 kW, 150 Nm, Location: Front
Battery: 82 kWh, Voltage: 400 V

2022 Audi Q4 Sportback e-tron 50 quattro Edition 1
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Length: 180.6 in / 4588 mm
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