July 1, 2024

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Mercedes-Benz wants to invest more in combustion engine technology

Mercedes-Benz wants to invest more in combustion engine technology

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Mercedes-Benz wants to invest more in high-tech combustion engines. © Bernd Weisbrod/DPA

The car company Mercedes-Benz says goodbye to the purely electric cycle and also wants to invest more in combustion engine technology.

Stuttgart – Mercedes-Benz, the world’s oldest car manufacturer, has big plans for the future. Despite a strong focus on electric vehicles and digital transformation, the group plans to invest even more in high-tech combustion engines. The investments, in the double-digit billion range, will be spent primarily in Baden-Württemberg, Mercedes’ hometown. Mercedes had already announced its desire to rely exclusively on electric vehicles from 2030. But that goal has become more distant. In BW24 Read, Why Mercedes-Benz wants to invest more in combustion engine technology and what this means for the group's electrification strategy.

Mercedes-Benz had already announced at the end of 2022 its desire to convert its most important engine factories to electric power starting in 2024..

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