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Daimler Truck divorces Mercedes-Benz, has ambitious goals with hydrogen, plans job cuts

Arnes BiogradlijaBy Arnes Biogradlija22/09/20212 Mins Read
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Daimler Truck is reinforcing its e-strategy with battery and hydrogen vehicles. However, European business may do better. In the next ten years, the automaker intends to reduce jobs.

Daimler Truck faces a significant hurdle in making the conversion to electric propulsion. Many employment will be lost as a result of this move.

“In our factories, in which gearboxes, engines and axles are manufactured, 30 to 40 percent of the tasks become needless and thus the jobs can be eliminated,” says Daimler Truck boss Martin Daum.

The job losses are expected to last ten years. According to the corporation, building an electric vehicle requires less labor. Furthermore, the Daimler group is split into two separate stock organizations.

Mercedes-Benz and Daimler Truck have separated because the problems for automobiles, vans, and large commercial vehicles like trucks are too dissimilar. According to Daum, this allows both divisions to focus more on the demands of customers.

Daimler Truck has a 40 billion euro yearly revenue and is a global market leader in the truck and bus industry. According to Daum, the company has been profitable for years, generating two billion euros in operational profits, and is “rock solid and very well-capitalized.” However, the competition is producing issues that could be avoided on a financial level. Above all, European business must improve.

The CEO of Daimler Trucks does not believe that the combustion engine will be phased out completely. He will undoubtedly live for a long time in niches. Between 2030 and 2040 in Europe, the final diesel truck will be constructed after him. Daum does not believe that a more precise end date is necessary. There is often no room for a huge battery in construction vehicles or street sweepers, for example. Combustion engines, according to this idea, may have a future as specialty vehicles.

Daimler Truck not only uses battery systems for alternative propulsion but also hydrogen-fueled fuel cell electric cars. The lack of shop infrastructure, according to the company’s manager, is the reason. truck charging infrastructure must be much more powerful than electric car charging stations. It’s difficult to imagine the technical implementation at motorway service stations as it is today.

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