Mercedes HQ (TGW) – Mercedes plans to eliminate petroleum powered vehicles from its lineup in the next 7 years - by 2015.



Mercedes wants to save the industry by making cars independent of oil – to improve costs, become more eco-friendly and because the oil supply will eventually run out.



The company is developing electric, fuel cells, and biofuel powered cars, including the electric Smart car and the efficient F700.



The company has already invested $4 million in its “Sustainable Mobility” plan and plans to invest up to $14 billion by 2014.



Via :: EcoGeek :: The Sun