Mercedes-Benz will favor “technically superior” electric motors over combustion engines powered by e-fuels, CEO Ola Kallenius told a German newspaper.
Kallenius reaffirmed the company’s plans to develop electric-only vehicle architectures.
“We already said four years ago that our new vehicle fleet across the entire value chain should become CO2-neutral in balance sheet terms by 2039,” he told the Frankfurter Allgemeine Zeitung. “That is our goal.”
Kallenius cited the advantages of EVs in power efficiency, which he called “sensationally good” and drew attention to the zero-emission factor, which said e-fuel vehicles cannot match.
“The electric car is still a young technology compared to the combustion engine,” Kallenius added. “We still see great potential for progress: the electric drive will overtake the internal combustion engine in terms of performance before the end of this decade.”
Kallenius said the automaker is still working on making ICEs fit for the new Euro 7 emissions standard, but added that by 2026, Mercedes will have reduced investment in ICEs by around 80 percent.
China will be the last market where ICEs are available and only as a plug-in hybrid variant developed in partnership with Geely.