Mercedes-Benz has announced plans to develop hybrid and electric vehicles (EVs). The company’s decision is in response to stricter European Union (EU) emissions standards. Mercedes-Benz headquartered in Stuttgart, Germany manufactures luxury vehicles, buses, coaches and trucks. Mercedes-Benz is a division of Daimler AG, a German multinational automotive corporation.
On December 17, 2018, the EU Parliament and the European Council announced that CO2 emissions would be reduced by 37.5% from 2021 to 2030. In 2018, Mercedes-Benz’s vehicle emissions actually increased by 7%. Daimler, Mercedes-Benz parent company intends to pursue a three-pillared strategy focusing on combustion engines, hybrid models, and electric power trains with a battery of fuel cell.
Britta Seeger, Member of the Board of Management of Daimler stated “ “Our clear goal is to sustainably lower the emissions of every Mercedes-Benz Cars vehicle. One concrete measure is the gradual electrification of the entire portfolio. With this, we will continue to offer our customers attractive and individual mobility services in the future and thus significantly increase the share of electric vehicles in our total sales over the next few years.”
It is interesting to note that CO2 emissions in the United States have actually fallen since 2005. The three sectors that generate approximately 80% of CO2 emissions are utilities, transportation and industrial/manufacturing. 2018 was the first time in American history that CO2 emissions from the transportation sector exceeded emissions from the utility sector. Utilities have made progress in moving from fossil fuels to renewable energy. Hybrid and EVs have the potential to further reduce CO2 emissions in America.
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