Mercedes said it would invest 40 billion euros, or $47 billion, on electric cars, vans and light commercial vehicles by 2030. Källenius told reporters Thursday, “not just go with the flow.” “We want to be people to make it happen,” Mr. That would be about 50 percent farther than Tesla’s longest-range car. But Ola Källenius, the chief executive of Daimler, said that Mercedes wants to seize the initiative with, for example, a model to be unveiled next year that will go 600 miles on a charge. Tesla leads rivals in batteries and autonomous driving technology. Mercedes, the luxury carmaking division of Daimler, also faces pressure from Tesla, which has been stealing well-heeled buyers and is building a factory in Berlin. The European Union will effectively ban new cars with internal combustion engines in 2035, while Britain, Norway and other countries have also set expiration dates for vehicles that run on fossil fuels. Mercedes thus joined a growing list of companies including General Motors, Stellantis and Renault that have declared their intention to hasten the demise of internal combustion engines in favor of battery-powered vehicles with no tailpipe emissions. Mercedes-Benz will shift its focus entirely to electric vehicles in 2025 and be prepared to sell nothing but electric cars by 2030, the company said Thursday, adding a caveat that the transition depends on “market conditions.”
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