The company expects that the use of standardized battery platforms and scalable vehicle architectures – together with advances in battery technology – will contribute to a reduction in the variable costs of vehicles. This of course sounds like the business plan of all major automakers.
Mercedes-Benz is preparing to go all electric by the end of the decade, wherever market conditions allow. Against this background, the Supervisory Board supports existing measures to consistently increase efficiency and to lower fixed costs, as was communicated during the Mercedes-Benz Strategy Update on October 6, 2020 and reiterated on July 22, 2021. At the same time, the investment plan for 2022 to 2026 remains in line with the goal of cutting capex and research and development spending by more than 20% between 2019 and 2025 and to reduce it more beyond then.
The key to achieving this is prioritization of future investments by focusing on electric mobility. The company expects that the use of standardized battery platforms and scalable vehicle architectures – together with advances in battery technology – will contribute to a reduction in the variable costs of vehicles.
