June 21, 2016 By C! Magazine Staff

Mercedes invests more on EV and other green propulsion tech

14 billion euros invested into development

Mercedes-EV-green-investment

Mercedes-Benz recently announced a sizeable amount of $7.8 Billion will be invested in EV and green technologies over the next two years. Following the announcement, the German automaker adds that a range of hybrids and full EV vehicles may join the lineup of Mercedes Benz vehicles in the near future.

“We will invest 14.5 billion Euros in research and development in the next two years alone – more than half of it will again be spent on ‘green’ technologies. Just for our passenger cars, we are talking about 5.4 billion euro”, said Prof. Dr. Thomas Weber, Member of the Board of Management of Daimler AG, Group Research and Mercedes-Benz Cars Development.

Earlier this year, Mercedes began introducing a pair of plug-in hybrid models, namely the E-class and the all-new GLC-class. The two models will gain a Plug-in Hybrid Electric Vehicle (PHEV) powertrain and will be called the E350e and the GLC350e. The next major EV model will be slated for 2017 when the model update of the S500e is due. For the first time in the brand’s history, an all-electric motor is set to exceed the 50km range on full electric power thanks to advances in lithium ion battery technology.

Mercedes-Benz adds that over the past 21 years, they’ve improved average fuel consumption for all their vehicles from 10.8 km/L up to 20 km/L. During the same time span, CO2 emmissions were at 230 grams per kilometer (g/km) and Mercedes was able to reduce them to 123 g/km.

In addition to EV development, Mercedes plans to put out a fuel-cell powered vehicle that integrates plug-in technology into production called the GLC F-CELL. At the same time, Mercedes-Benz is also developing a dedicated vehicle architecture that revolves around battery-powered electric motor cars.

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