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The FINANCIAL - Mercedes-AMG defines the future of Driving Performance


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The FINANCIAL With future drivetrain electrification, Mercedes-AMG combines superior performance and impressive driving dynamics with maximum efficiency. The development of future drive concepts will continue to benefit from the valuable experience gained from close cooperation with the Formula 1 experts at Mercedes-AMG High Performance Powertrains (HPP) and the Mercedes-AMG Petronas F1 Team. The cooperation between the three performance specialists will intensify even further in 2021, reflected, among other things, in the bundling of motorsport activities. Above all, however, the mutual transfer of knowledge also makes fascinating new AMG models possible, such as the Project ONE hyper car, which brings Formula 1 hybrid technology almost one-to-one to the road, Mercedes notes. ....

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Mercedes Going Electric Sooner Than Expected


Mercedes is mercilessly hunting BMW, VW and Tesla.
As the world slowly begins to emerge from the coronavirus pandemic, automakers are embracing full-scale electrification. Dropping combustion engines probably would have happened sooner or later, but the new reality brought on by the pandemic has changed things. And now Mercedes-Benz is moving towards its electrification goal faster than previously announced thanks to a strong 2021 sales start. Reuters reports Mercedes parent company Daimler CEO, Ola Kallenius, confirmed the news with investors this week during a video conference.
We want to accelerate the electrification of our product portfolio, he said. It s our goal to reach this target sooner. In 2019, the German automaker pledged for plug-in hybrids and/or all-electric vehicles will consist of more than 50 percent of total global passenger vehicle sales by 2030. ....

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