German automotive company Daimler, on Thursday, announced that its subsidiary, Mercedes-Benz, is preparing to go all electric by the end of the decade, where market conditions allow. In order to accelerate toward an emissions-free and software-driven future, the company is planning to shift from electric-first to electric-only.
According to the company, by 2022, Mercedes-Benz will have battery electric vehicles (BEV) in all segments the company serves. Furthermore, from 2025 onwards, all newly-launched vehicle architectures will be electric-only and customers will be able to choose an all-electric alternative for every model made by the company. Mercedes-Benz aims to do so while sticking to its profitability targets.