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Is Daimler (Stock symbol: DDAIF) ready to be all-electric?

Electric mobility is driven by convenience, sustainability, and convenience. Stock Daimler (DDAIF) is selling at $101.05; the company has announced it is ready to go all-electric by the end of the decade - if market conditions permit. This move signals a significant shift in the way electric cars are designed and powered. As a pioneer and leader in EV, Mercedes-Benz is proud to set the pace for future mobility with its EQ product portfolio. Along with other major automakers such as Tesla and Volvo, Mercedes-Benz is paving the way for a cleaner, brighter, and more sustainable tomorrow. Daimler's (DDAIF) commitment is backed by their investments and milestones and reflects the understanding that they need to find answers for customers who want a zero-emission solution and customers who enjoy driving performance. Electric mobility is driven by convenience, sustainability, and convenience.

Mercedes-Benz intends to offer electric versions of all models in its range. From 10% of production, this will rise to about 50% in 2025 and to 100% in 2030.
The company says it wants to be the leading provider of sustainable and attractive electro-mobility solutions for all customer groups and regions worldwide.
The global transition to electric mobility is an essential but complex task due to the many facets of today's society. It must be tackled from all angles and with a range of measures that fit into different contexts. The car industry is well-positioned to contribute because it has already successfully transformed itself twice in the past 100 years – first from horsepower to fuel efficiency and now from fossil to electric powertrains.

Can Daimler (DDAIF) offer vehicles autonomy without compromising performance?

The automotive industry has undergone a shift in recent years, with many manufacturers making plans to produce electric vehicles. Daimler (DDAIF) is at the forefront of this change. They are looking for entirely emission-free driving with batteries or fuel cells. It may not be the only way, but they are convinced that the future is electric and want to set the course today for future generations.

To achieve the goals established by the Paris Climate Agreement, the company needs to find a solution to reduce CO2 emissions from passenger cars significantly. Therefore, Daimler(DDAIF) is looking for a variety of solutions. One option is to equip the vehicles with electric powertrains. This brings benefits in terms of efficiency and reach, but it also leaves open the question of where the electricity will come from – whether from renewable sources or fossil fuels. However, Daimler(DDAIF) says: "We have been working with battery-powered electric vehicles for over ten years, and we are convinced that thanks to the latest technological advances, we can offer vehicles with adequate range and low weight/size, without compromising on safety and performance."