Daimler Plans to Cut Carbon Footprint of Trucks and Buses Business

By Maitane Sardon

Daimler AG (DAI.XE) said Friday that its trucks and buses business aims to make only carbon-neutral vehicles in Europe, Japan and the Nafta region by 2039.

The German premium auto maker said it will include battery electric models in its vehicle portfolio in the main sales regions of Europe, the U.S. and Japan by 2022. It will then extend its range to include hydrogen-powered vehicles over the next decade, Daimler said.

The announcement is part of Daimler's plan to cut emissions across all its businesses and only have green transport on the road by 2050. In May, the company said its Mercedes-Benz passenger-car brand aims for fully electric and hybrid vehicles to account for half of its sales by 2030.

Meanwhile, the Mercedes-Benz cars division aims to make all its production plants in Europe carbon neutral by 2022.

Write to Maitane Sardon at maitane.sardon@wsj.com

(END) Dow Jones Newswires

October 25, 2019 07:55 ET (11:55 GMT)

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