The Mercedes-Benz S-Class will have an extended lifespan before being replaced by a successor offering the choice of gas or electric powertrains.

The Mercedes-Benz S-Class has always been the boundary-pushing model in the automaker’s catalog. Its ultra-rich price tag buys the best tech available, and it appears the car is about to get a significant update that will bring even more “new stuff.

Mercedes-Benz has once and for all confirmed that a smaller, more affordable G-Class is on the way. The carmaker revealed the news in a lengthy release tied to its latest presentation to investors, in which it detailed the brand’s future — and also committed to a design language overhaul that will do away with the current split in appearance between its ICE and electric vehicles.

Electric C-Class and GLC are also planned.