Image: (APA/dpa/Robert Michael)
By 2025, the German group is aiming for margin parity between the two types of drive, said CFO Arno Antlitz on Wednesday at an event hosted by the Reuters news agency in Munich. This means that the returns of both types of drive are converging. So far, the car manufacturer has earned significantly more from vehicles with combustion engines than from purely battery-powered vehicles. This difference should shrink over time as more and more e-models are being delivered in increasing numbers. Advances in battery technology are also making rechargeable batteries cheaper. They currently make up a large part of the cost of an e-car.
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