The luxury car maker is betting on the timely development of market-ready solid-state batteries. Mercedes will work with the Canadian research institute to quickly integrate new technology into field applications to cut development cycle times.
A presidential decree has enacted a range of incentives for e-mobility roll-out with domestic content requirements increasing over time.
A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.
Mercedes Benz has announced plans for all of its German factories to be supplied with CO2 free energy by 2022. Meanwhile, Renewables investment firm Octopus Energy has signed a five-year PPA with Shell Energy Europe to provide the global energy giant with power from several unsubsidized PV projects it is constructing in Italy.
Another German car manufacturer has announced ambitious electric vehicle plans. Daimler AG says it has invested €20 billion in the purchase of battery cells to further advance its electric fleet.
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