electric

Mercedes-Benz has detailed its plans for an electric future, which will see the iconic German brand be "ready to go all-electric" in 2030 "where market conditions allow". Announced overnight, the new strategy sees an acceleration of Mercedes-Benz's electric vehicle (EV) plans, with plug-in hybrid and all-electric vehicles now set to account for 50 per cent of global sales, up from the 25 per cent target previously announced.

Jaguar Land Rover Australia managing director Mark Cameron has told media traditional petrol- and diesel-powered vehicles will still be available over the coming years, albeit in an increasingly electrified market.

Genesis Australia has confirmed plans to launch its first three all-electric vehicles Down Under in the first half of 2022. The confirmation came as part of an announcement detailing the "opening" of Genesis' second 'Studio' showroom in the Emporium Melbourne shopping centre in Melbourne's CBD, joining the Pitt Street Mall location in Sydney, and slated to be followed by a Brisbane Studio next year,

UPDATE, 9 July 2021: A production version of the BMW Motorrad CE 04 electric scooter has been confirmed for the Australian market, with initial deliveries slated for the first quarter of 2022 (January to March inclusive). Pricing will start from $20,350 before on-road costs. Power comes from a single 31kW/62Nm liquid-cooled electric motor, which draws energy from a 8.9kWh lithium-ion battery permitting a range of 130km on Europe's WLTP test cycle.

Bugatti and electric vehicle specialist Rimac have confirmed plans to merge under the name Bugatti-Rimac, with the deal set to be finalised in the fourth quarter of this year (October to December inclusive). Porsche – which is a fellow Volkswagen subsidiary alongside Bugatti, and currently owns a 24 per cent stake in Rimac – administered the arrangement. Rimac will hold the controlling stake in the newly-formed company with 55 per cent ownership, while Porsche will hold a 45 per cent share.