Mercedes-Benz aims for carbon-neutral cars by 2039

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Mercedes-Benz aims for carbon-neutral cars by 2039
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By 2030, the German manufacturer aims to have all-electric models and hybrids make up more than half of its total car sales

The target, described as a"fundamental transformation of our company," appears to be more aggressive than similar carbon-neutral targets announced by Volkswagen and other major auto makers. Mercedes, owned by Daimler , will slash its carbon footprint by building far fewer combustion engines. . Mercedes explicitly cited environmental worries as the reason behind the overhaul.Mercedes-Benz wants to have electric vehicles make up more than half of its total car sales by 2030.

"We have set a clear course to help prevent further acceleration of climate change," the auto maker said in a statement, adding that the Paris climate accord is"more than an obligation -- it's our conviction."Read MoreMercedes on Monday introduced the first of its Mercedes-Benz EQC generation of electric models.The Tesla effect: Oil is slowly losing its best customer Rival VW announced a bold move of its own in March.

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