Mercedes-Benz bosses have approved a €10 billion (£9bn) programme to launch more than 130 electrified variants within the next seven years, spearheaded by the upcoming EQ S luxury saloon.

The plan – which involves an extended range of mild hybrids, plug-in hybrids, battery EVs and hydrogen- fuelled models – was tabled at a recent board meeting of Mercedes’ parent company Daimler and received the backing of chairman Dieter Zetsche...

...The model assault will be split across the firm’s three electrified brands: the pure-electric EQ range, mild-hybrid EQ Boost, and EQ Power plug-in hybrids....

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Mercedes-Benz Plans To Spend 10 BILLION EUR To Launch EVs — What Does It NEED To SUCCEED Against TESLA?

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