"Live mint" declare : Mercedes-Benz hastens shift to electric car as combustion era fades

To bridge the gap toward an era of fully electric vehicles, Daimler is also continuing to develop plug-in hybrids. Photo: Getty ImagesBerlin: Mercedes-Benz is accelerating its rollout of electric cars in a race to meet tighter emissions rules as European buyers turn away from fuel-efficient diesel cars. He repeated that Germany's motor authority and transport ministry had found no violations in their tests of Daimler vehicles. The faster pace comes as the industry battles with a backlash against diesel cars stemming from Volkswagen AG's cheating scandal. Mercedes-Benz's move to focus on electric cars comes in the light of the Volkswagen's emissions scandal where the latter used a defeat device to cheat on emission norms.


As it stated in And even if there weren't any market factors at work, Mercedes still has to worry about growing widening diesel emissions scandals and increasing government pressure to reduce pollution. Mercedes hasn't been shy about gunning after Tesla's upscale EV line, and it doesn't want to risk handing the market to its American rival by being overly cautious. The car giant isn't specific, but there are a few likely motivations. Simply put, the advantages of quickly embracing EVs are easily outweighing the drawbacks. Why such a quick change of heart, though?


As it stated in

Mercedes-Benz speeding up electric car rollout

In April 2016, Mercedes-Benz USA Dietmar Exler said the electric vehicle poses an existential threat to the gasoline-powered car, but that threat is "more than a decade" away. Mercedes-Benz is accelerating its rollout of battery-powered autos, Bloomberg reports. The world's largest luxury-car maker intends to release 10 new electric vehicles by 2022, three years earlier than a target announced at the Paris auto show in September, Bloomberg says. "Further fundamental changes will be required for Daimler to remain successful," as the industry adjusts to cars running on electric motors and capable of driving themselves. The automaker, which has its U.S. headquarters in Atlanta, is trying to meet tighter emissions rules as European buyers turn away from fuel-efficient diesel cars.




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