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2024 Budget promotes adoption of electric mobility: Mercedes-Benz Malaysia chief

KUALA LUMPUR: Mercedes-Benz Malaysia says the 2024 Budget is promoting the adoption of electric mobility.

This aligns with Mercedes-Benz's global mission called Ambition 2039, a comprehensive strategy aimed at addressing climate protection and reducing air pollution.

"We firmly believe in the future of electric vehicles and have a well-defined roadmap to electrify our product range, while striving to meet our sustainability goals," Mercedes-Benz Malaysia president and chief executive officer Amanda Zhang said today.

Achieving a sustainable future is a collaborative endeavour that extends beyond Mercedes-Benz and the automotive industry, she added.

It requires forging new partnerships among automakers, suppliers, the energy sector, policymakers and society at large.

"In this context, we are pleased to see the inclusion of the National Energy Transition Roadmap in the budget.

"This roadmap focuses on key drivers, such as new energy sources and green mobility and offers a clear path toward a more sustainable future. It emphasises the importance of green and clean energy solutions in Malaysia," Zhang said.

By 2025, the German premium carmaker aims for 50 per cent of its vehicles to be "xEV", encompassing both battery electric vehicles (BEV) and plug-in hybrid vehicles.

By 2030, Mercedes-Benz is prepared to transition from an "Electric First" approach to "Electric Only" wherever market conditions allow.

By 2039, the company's overarching goal is to achieve net carbon emission neutrality along the entire value chain.

"In Malaysia, we have been unwavering in our commitment to this strategy, consistently introducing new electric Mercedes-Benz models over the past two years.

"As a result, we now offer one of the most extensive portfolios of electric vehicles, featuring seven model variants. A significant milestone was achieved with the local assembly of the EQS 500 4Matic," Zhang said.

The company's momentum continues to grow, with the arrival of the EQS SUV this Friday.

Mercedes-Benz Malaysia plans to launch another all-electric model before year end.

These efforts underscore our dedication to providing innovative electric vehicles and contributing to a more sustainable future for our customers in Malaysia," Zhang said.

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