Daimler (Mercedes Benz) orders 20 billion dollars in EV battery assemblies!

Anything to do with the electric or hybrid world

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Newold1
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Daimler (Mercedes Benz) orders 20 billion dollars in EV battery assemblies!

Post by Newold1 » Tue Dec 11, 2018 5:02 pm

For a lot of automobile power and engine enthusiasts this is sort of a telling piece of information about how much faster the EV's will enter the automobile market place. Daimler said they are ramping up EV offerings and production and that will change and increase their % of EV vehicles to as much as over 10% of their total vehicle production in 2020-2022.

Looks like EV vehicles are here to stay in a big way and pretty much all the major automotive manufacturers are committed to the future of EV.

I think this is one of the most incredible acceptance and influx of a radically new auto propulsion system in such a short time frame.
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Re: Daimler (Mercedes Benz) orders 20 billion dollars in EV battery assemblies!

Post by gruntguru » Thu Dec 13, 2018 12:10 am

+1
Its 20B Euros BTW - that's 23B USD. Plus another 10B Euro invested in developing 130 electric models.

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Re: Daimler (Mercedes Benz) orders 20 billion dollars in EV battery assemblies!

Post by mk e » Thu Dec 13, 2018 8:15 am

Europe is moving very aggressively on emissions and electric are a big part of the plan.
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Re: Daimler (Mercedes Benz) orders 20 billion dollars in EV battery assemblies!

Post by Newold1 » Thu Dec 13, 2018 8:21 am

You bet! VW just announced a 48 Billion (Euro?) to invest in new battery development and production as well as EV vehicle development.

The Electric Vehicle wave is about to break over the globe! :lol:
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