Many companies are interested in electric cars, but Mercedes-Benz has far more serious ambitions. In a meeting with investors, the boss of the giant Dieter Zetsche announced that by 2022 each model of the company will have an e-version.

In addition, the popular urban mini-car SmartCar will become fully electric for up to three years. Mercedes recognizes that electric cars are not particularly profitable at first, because the big cost of creating them – and especially the battery – is “eating” profits, but the company is ready to spend four billion euros by 2025 to balance potential losses.

Meanwhile, BMW plans to have 25 electric-powered models in its catalog by 2025, with twelve electric cars. Hybrids and electromobiles will also be available in the Rolls Royce range and even among the sporty models of the BMW M division.

One way for Daimler to lower costs would be to purchase a larger proportion of electric components from suppliers rather than making substantial parts of the car in-house, Chief Executive Dieter Zetsche said.

“Our vertical integration could be reduced significantly,” he said. “In-house production is almost irrelevant to the customer,” he added, noting many compact Mercedes models were sold with Renault engines, without prompting complaints.

https://i0.wp.com/szlifestyle.com/sz/wp-content/uploads/2017/09/Mercedes-Benz-Dieter-Zetsche.jpg?fit=1200%2C724https://i0.wp.com/szlifestyle.com/sz/wp-content/uploads/2017/09/Mercedes-Benz-Dieter-Zetsche.jpg?resize=180%2C150Martin JonesAUTOautomobiles,cars,electromobile,Mercedes-BenzMany companies are interested in electric cars, but Mercedes-Benz has far more serious ambitions. In a meeting with investors, the boss of the giant Dieter Zetsche announced that by 2022 each model of the company will have an e-version. In addition, the popular urban mini-car SmartCar will become fully electric...