Mercedes-Benz announced on Thursday plans for € 40 billion ($ 47 billion) to become an electricity-only carmaker by the end of the decade. This is the goal of promoting more vertical integration of the company, training the workforce and securing batteries. The product needed to be powered.
The company has already taken action and announced on Thursday that it had acquired UK-based electric motor company YASA, deciding that it would require more than 200 gigawatt hours of battery capacity. To meet these needs, Mercedes plans to set up eight battery factories with partners to produce cells.
One of the new factories is in the United States and is on top of the company’s already planned network of nine factories dedicated to building battery systems. The company said it will partner with a new European partner to develop and efficiently produce future cells and modules. Its designation as a “European partner” is strategic, and what Mercedes says will ensure that the region “continues to be the center of the automotive industry.”
Mercedes said it has partnered with Silicon Valley battery material startup Sila Nano. Raised $ 590 million Earlier this year, we will help improve next-generation batteries. Specifically, SilaNano helps Mercedes increase energy density by using a silicon-carbon composite for the anode. This expands the range and shortens the charging time.
Mercedes also said it is considering all-solid-state battery technology and is in talks with partners to develop batteries with even higher energy densities and safety.
The plan revealed Thursday’s piggyback ride on the previous goal of manufacturing and selling more EVs. In 2017, Mercedes said it would be electrified — it means gas hybrid, plug-in hybrid or battery electricity — Full lineup by 2022.. German automakers said Thursday that they would offer battery-electric vehicles in all segments it serves by next year.
That EV-only plan will accelerate from there. By 2025, the company announced that the only three newly launched vehicle architectures would be electricity. The company said it expects all-electric and hybrid to account for 50% of sales. Customers also need to choose all-electric alternatives for all models manufactured by the company.
Orakerenius, CEO of Daimler AG and Mercedes-Benz AG, said the company’s goal is to “significantly reallocate capital.” He emphasized that despite this large investment, the company’s profitability goals are protected, achieved and shifted from internal combustion engines.
To achieve this goal, Mercedes has launched three electric-only architectures that form the basis of all new vehicles. The so-called MB.EA platform is used for medium to large passenger cars, the AMG.EA is the Mercedes-AMG car that supports its performance, and the VAN.EA is an architecture dedicated to electric passenger minivans and light commercial vehicles.
Mercedes-Benz to build eight battery factories in push to become electric-only automaker by 2030 – TechCrunch Source link Mercedes-Benz to build eight battery factories in push to become electric-only automaker by 2030 – TechCrunch