mercedes Benz are pulling back on EV investment
https://www.wionews.com/autonews/me...rategy-amidst-ev-market-challenges-738871/amp
Mercedes-Benz is preparing for a major product overhaul in the next two to three years, following the underperformance of its initial generation of electric vehicles (EVs). This strategic pivot includes renewed investment in its high-margin, fuel-burning vehicles, reflecting customer preferences for advanced combustion-engine cars. Chief Executive Officer Ola Källenius emphasised the need for flexibility well into the 2030s, while maintaining the company’s commitment to carbon neutrality by 2039.
mercedes Benz are pulling back on EV investment...
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