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Speaking at its annual meeting, Dieter Zetsche, chairman of Daimler AG and head of Mercedes-Benz, said the company will invest roughly $10.8 billion (€10 billion) to expand its electric vehicle operations and bring “more than 10 new electric cars in series by 2022.” Daimler previously anticipated reaching that target by 2025.

Also: Class of 2018: The New and Redesigned Cars, Trucks and SUVs

Attractive alternatives

Zetsche pointed out that future mobility will become even more multifaceted. And while noting the firm’s long-term corporate strategy will focus on emission-free driving as previewed in the Generation EQ Concept pictured here, it will continue to leverage the potential of cleaner internal combustion engines in upcoming plug-in hybrid models. Regardless of drivetrain specifics, all will be crafted under the guiding principle: “Alternative drive systems must be attractive drive systems.”

Also: Kelley Blue Book Best Buy Awards of 2017

The first new passenger car in Daimler’s gas/electric queue will be a plug-in version of the upcoming S-Class featuring an advanced lithium-ion battery pack capable of delivering around 31 miles of pure electric driving range. On the commercial front, Zetsche also confirmed plans to launch a limited-series version of the all-electric Urban eTruck later this year that will have a 125-mile per-charge range.

Like other manufacturers, Daimler AG will remain deeply involved in the autonomous driving arena as well as ensuring it remains a leading provider of mobility services in the form of sophisticated private and commercial car-sharing solutions.

More Mercedes-Benz News:

2018 Mercedes-Benz GLA-Class updates add more style, new features

2018 Mercedes-Benz E-Class Coupe revealed

2017 Mercedes-AMG GLC Coupe Bows


 

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