Driven - - Ev News - Im­age © DAIM­LER AG

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.

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