In a move that seems contrary to many other manufacturers Mercedes-Benz is
reportedly reducing its electric car development plans and developing a new
breed of petrol-powered models. According to a German publication
Wirtschaftswoche the company plans on spending AU$22.6 billion on internal
combustion engine cars, and as previously announced, will be dropping plans for
a new large electric car platform – a move that would save the German company
up to $AU9.6 billion. The change brought on by a slowing of the electric car
markets in U.S. and Europe especially at the luxury end of the market. The
company said to have a renewed focus on plug-in hybrids - it’s latest C63 AMG
combining a heavily boosted 2.0-litre engine and an electric motor to produce
500kW of power yet using far less fuel than the previous twin-turbo V8 generation
I’m David Berthon

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