German automaker Mercedes-Benz pledged today to decarbonize its new passenger car fleet within two decades.

The luxury car brand aim to have electric models make up more than half of its total car sales by 2030, including all-electric models and plug-in hybrids, and is also working on new lines of electric vans, trucks and buses.

The target, described by the company as “a fundamental transformation,” appears to be the fastest timeline for carbon neutrality of any of the major auto investment announcements.

Mercedes-Benz calls its vision “Ambition2039,” which also proposes that more than half of its new cars on sale will be electrically powered or a plug-in hybrid by 2030. Complete carbon neutrality will come by 2039, which will be implemented in its consumer vehicles as well as commercial units such as trucks, buses and vans.