Close Menu
  • Home
  • Business News
    • Entrepreneurship
  • Investments
  • Markets
  • Opinion
  • Politics
  • Startups
    • Stock Market
  • Trending
    • Technology
  • Online Jobs

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Tech Entrepreneurship: Eliminating waste and eliminating scarcity

July 17, 2024

AI for Entrepreneurs and Small Business Owners

July 17, 2024

Young Entrepreneurs Succeed in Timor-Leste Business Plan Competition

July 17, 2024
Facebook X (Twitter) Instagram
  • Home
  • Business News
    • Entrepreneurship
  • Investments
  • Markets
  • Opinion
  • Politics
  • Startups
    • Stock Market
  • Trending
    • Technology
  • Online Jobs
Facebook X (Twitter) Instagram Pinterest
Prosper planet pulse
  • Home
  • Privacy Policy
  • About us
    • Advertise with Us
  • AFFILIATE DISCLOSURE
  • Contact
  • DMCA Policy
  • Our Authors
  • Terms of Use
  • Shop
Prosper planet pulse
Home»Technology»Mercedes to increase investment in combustion technology
Technology

Mercedes to increase investment in combustion technology

prosperplanetpulse.comBy prosperplanetpulse.comJune 28, 2024No Comments3 Mins Read0 Views
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Mercedes-Benz is well behind schedule in terms of EV sales. With the general economic and regulatory situation not promising an increase in EV sales, the group changed course earlier this year. Mercedes CEO Ola Källenius has now scrapped the EV target for 2030 and announced that the company will operate on two tracks (electric and internal combustion engine) for longer than previously planned. It was previously unclear to what extent the Stuttgart-based company would reinvest in internal combustion engine technology as part of this. Källenius told German business magazine Wirtschaftswoche that Mercedes is looking to revamp its hybrid internal combustion engine.

All “relevant combustion engine and transmission combinations” will comply with new regulations such as EU7 and China 7 to ensure that the engines are always at the highest technological level. Still, Mercedes is sticking to its investments in electric vehicles, says Källenius. Rumors that the next S-Class electric car has been canceled are false. Plans to build battery cell factories also remain intact. “In total, we will need eight gigafactories, or 200 gigawatt-hours of battery capacity.” It’s just slower than previously planned. This “slow” also includes recently announced cuts at Automotive Cells Company (ACC), the battery cell joint venture between Stellantis, Mercedes-Benz and Total Energies. ACC has suspended construction work on its battery cell factories in Kaiserslautern, Germany, and Termoli, Italy.

With his involvement in the electric S-Class, Källenius also responded to rumors published in mid-May that Mercedes had stopped developing the “MB.EA-Large” electric platform. The Stuttgart-based company wanted to electrify a new generation of its largest sedans and SUVs based on this architecture from 2028. Handelsblatt, citing four sources, reported that the development had been frozen. Mercedes would need “investments in the mid-single-digit billion dollar range at least.” Handelsblatt did not deny the appearance of an electric S-Class, but raised the question of what platform it would be based on. Sources reported in May that contrary to initial plans, the future large luxury electric car would be partly based on the existing 400-volt EVA2 architecture in the production run. Previous rumors suggested that the EVA2 could switch to an 800-volt system. However, this has not been confirmed.

Mercedes’ “electric only” plans (combined with the platform plan) date back to 2021, when Källenius announced his goal to only sell purely electric new cars from 2030 onwards if possible. Mercedes wanted to be an electric brand “as long as market conditions allow”. Since February, the new direction sounds completely different: “The company expects sales of xEVs to reach 50% of total sales in the second half of the decade. The Stuttgart-based company calls BEVs and PHEVs “xEVs”. This means that instead of a nearly 100% BEV share in 2030, the automaker now assumes that the total sales share of BEVs and PHEVs will be less than half by the end of the decade. In an interview with Wirtschaftswoche, Källenius now speaks of 50% electric cars and 50% hybrids, which in Mercedes jargon would be called high-tech combustion engines.

wiwo.de (German)



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
prosperplanetpulse.com
  • Website

Related Posts

Technology

Empowered Funds LLC Increases Holdings in Micron Technology, Inc. (NASDAQ:MU)

July 14, 2024
Technology

Portland Film, Animation and Technology Festival Returns with Over 100 Films

July 14, 2024
Technology

Quest from the infinite stairs

July 14, 2024
Technology

Intel and State of Oregon Advance National Semiconductor Technology Center

July 14, 2024
Technology

Leveraging Technology to Boost Malaysia’s Sports Economy – OpEd – Eurasia Review

July 14, 2024
Technology

Digital technology can help avoid medical malpractice lawsuits: Judge Madhav Devi

July 14, 2024
Add A Comment
Leave A Reply Cancel Reply

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Editor's Picks

The rule of law is more important than feelings about Trump | Opinion

July 15, 2024

OPINION | Biden needs to follow through on promise to help Tulsa victims

July 15, 2024

Opinion | Why China is off-limits to me now

July 15, 2024

Opinion | Fast food chains’ value menu wars benefit consumers

July 15, 2024
Latest Posts

ATLANTIC-ACM Announces 2024 U.S. Business Connectivity Service Provider Excellence Awards

July 10, 2024

Costco’s hourly workers will get a pay raise. Read the CEO memo.

July 10, 2024

Why a Rockland restaurant closed after 48 years

July 10, 2024

Stay Connected

Twitter Linkedin-in Instagram Facebook-f Youtube

Subscribe