Business
Mercedes parent Daimler to invest $114 billion in electric future – report – CarAdvice
Daimler has announced it will pour €70 billion (AU$114B) into accelerated development of electric technologies. According to electric vehicle (EV) website Electrek,…
Daimler has announced it will pour €70 billion (AU$114B) into accelerated development of electric technologies.
According to electric vehicle (EV) website Electrek, Daimler – parent company of Mercedes-Benz and associated brands – is investing the money over the coming four years, after the company’s Supervisory Board approved its budget to 2025.
It’s understood the funds will be used to “accelerate the transformation towards electrification and digitization,” as the company sets its sights on being…
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