Daimler Plans $2.94 Billion Investment on Cleaner Diesels

Posted By: Hamid Moarefon: Monday, February 15, 2016In: Parts

According to reports, Daimler will invest 2.6 billion euros ($2.94 billion) by 2019 for the development of next-generation diesel engines to help the automaker meet new pollution-measuring standards.

Bernhard Heil, Daimler’s head of powertrain development, said in a statement that they are spending the money on engine development and production capacities. Part of the 2.6 billion euros has already been invested.

The German automotive corporation will unveil selective catalytic reduction (SCR) on its smaller Mercedes-Benz front-wheel-drive compact cars by 2019, replacing existing exhaust systems that trap smog-causing nitrogen oxide (NOx).

Currently, only larger Mercedes vehicles use SCR systems, which need Adblue injection units.

Hamid Moaref

Hamid Moaref has always been fascinated by cars and the automotive industry. His family has a longstanding association with the industry and has been in the tire business for the past 35 years. Raised in Dubai, Hamid attended Capilano University in Vancouver where he graduated with a BBA in marketing before attending an intensive course in magazine publishing in 2005. He has been the publisher and chief editor of Tires & Parts magazine for the past ten years.