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Mercedes Maker Says All Cars Will Be Carbon-Neutral by 2039

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April 5, Baden-Wuerttemberg, Eßlingen: An electric vehicle charging station stands on a parking lot in front of a site where a Daimler AG battery factory is to be built. Marijan Murat / picture alliance / Getty Images

Mercedes-Benz owner Daimler AG will make its entire passenger car fleet carbon neutral by 2039, the company announced Monday.


Daimler will aim to have electric models make up more than half of its total car sales by 2030, including all-electric models and plug-in hybrids, and is also working on new lines of electric vans, trucks and buses.

The target, described by the company as "a fundamental transformation," appears to be the fastest timeline for carbon neutrality of any of the major auto investment announcements.

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