Mercedes-Benz is on a fast track to a zero-emission future, having broadcast its ambitions to become an all-electric brand by 2030 in markets that are ready for the switch.
The German luxury powerhouse is in the early days of an electric vehicle product offensive that will bring a handful of zero-emission models to the U.S. over the next year. Mercedes plans to plow more than $46 billion this decade into developing a fleet of battery-powered models.
In the U.S., Mercedes will introduce three EVs — the EQB compact crossover, EQE midsize sedan and EQS large SUV — before year end. In 2023, the lineup will expand with the arrival of the EQE midsize crossover.
Mercedes is also working on an EV-focused platform for "entry luxury" models to launch in 2024.