BILLIONS FOR MERCEDES EQ
Mercedes-Benz will be investing ten billion Euros in the expansion of its electrical fleet over the next five years. An additional one billion Euros will be spent in five battery factories on three continents. Electric hubs for the production of electric vehicles and batteries are currently produced around the globe. By 2022, Mercedes-Benz will electrify its entire model series, offering customers at least one electrified alternative in all Mercedes-model series. The company is planning to offer more than 50 electrified vehicle variants, of which ten models will be full electric cars – in all segments, from smart to large SUVs. The first electric vehicle of the new EQ product and technology brand will roll off the production line at the Mercedes-Benz plant in Bremen, where production of the EQC all-electric SUV will start in 2019. In a joint venture between Daimler and BAIC, the EQC will go into production at BBAC in Beijing. real-world driving, which would give the I-PACE a range of about 350 km.
Jaguar expects the I-PACE to be priced 10-15% above a similarly powered and equipped Jaguar F-PACE. However, given a saving of about 70% on petrol or diesel and as much as 90% on service and maintenance, the I-PACE should be a compelling buy even at a price point well above the F-PACE.