Mercedes-Benz on Thursday unveiled a € 40 billion ($ 47 billion) plan to become an all-electric automaker by the end of the decade, a goal that will push the company to more vertically integrate, train its force. work and secure batteries. necessary to boost your products.
The company has already taken action, announcing on Thursday that it has acquired UK-based electric motor company YASA and has determined that it will need a battery capacity of more than 200 gigawatt hours. To meet those needs, Mercedes plans to establish eight battery factories with partners to produce cells.
The new plants, one of which will be located in the United States, are on top of the company’s already planned network of nine factories that will be dedicated to building battery systems. The company said it will partner with new European partners to efficiently develop and produce the cells and modules of the future. This designation of “European partners” is strategic and, according to Mercedes, will ensure that the region “remains at the heart of the automotive industry.”
Mercedes said it has partnered with Sila Nano, the Silicon Valley battery materials startup that raised $ 590 million earlier this year to help you improve your next generation of batteries. Specifically, SilaNano is helping Mercedes increase energy density by using a compound of silicon and carbon at the anode, which should increase the range and allow for shorter charging times.
Mercedes is also studying solid-state battery technology and said it is in talks with partners to develop batteries with even higher energy density and safety.
The plan on Thursday unveiled the benefits of previous goals to build and sell more electric vehicles. In 2017, Mercedes said it would be electrified, which means gas hybrid, plug-in hybrid or battery electric. full lineup by 2022. The German automaker said on Thursday that by next year it will offer battery electric vehicles in all the segments it serves.
Your EV-only plan will accelerate from there. By 2025, the company said its three newly launched vehicle architectures will be electric-only. The company said it expects all-electric and hybrids to account for 50% of its sales. Customers will also be able to choose an all-electric alternative for each model the company makes.
Ola Källenius, CEO of Daimler AG and Mercedes-Benz AG, said the company’s goal marks a “deep capital reallocation.” He stressed that the company’s profitability targets would be safeguarded and met despite this heavy investment and the move away from the internal combustion engine.
To meet this goal, Mercedes is launching three all-electric architectures that will form the basis for all of its new vehicles. Its MB.EA platform will be used for its medium and large passenger cars, while AMG.EA will support its performance Mercedes-AMG cars and VAN.EA will be a dedicated architecture for electric passenger minivans and light commercial vehicles.