Daimler AG is pushing ahead with plans to produce an all-electric version of its flagship Mercedes S-Class sedan from next year even as it cuts back in other areas to weather a slump in demand across the industry.
The company’s main Mercedes-Benz cars unit aims to make all of its factories CO2-neutral by the end of 2022, Chief Executive Officer Ola Kallenius said Monday in a webcast. The goal was previously restricted to Europe. Daimler also confirmed that it will roll out a fresh version of the Mercedes-Benz S-Class in the second half of this year, another key project.
