Mercedes-Benz backs off plan to only sell EVs by 2030

  • Mercedes-Benz is adjusting its strategy for electric vehicle (EV) sales.
  • The company had previously announced plans to sell only EVs by 2030, but it’s now backing off from this target.
  • The change is due to a variety of factors, including supply chain issues, technological challenges, and market conditions.
  • Despite the change in strategy, Mercedes-Benz remains committed to the transition to EVs.
  • The company is investing heavily in EV technology and infrastructure, and it continues to launch new EV models.
  • However, it’s now clear that the transition to 100% EV sales will take longer than initially expected.
  • Mercedes-Benz’s experience highlights the challenges facing the auto industry as it seeks to shift from internal combustion engines to electric powertrains.

Read more at: https://www.theverge.com

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