Mercedes-Benz CEO Defends Bold EV Strategy [Yahoo! Finance]
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Source: Yahoo! Finance
realities of global EV adoption, and why stepping back from electrification now could be a costly mistake. Källenius also shares how the company is positioning itself for long-term leadership in innovation for both electric and performance vehicles. Video Transcript Speaker A I look at your competitors over at uh Ford and and General Motors. They've scaled back their EV ambitions, I mean significantly the past 24 months, but it sounds like you're still all in. Speaker B Well, uh if you look at what's happening in the world and Mercedes-Benz is a truly global brand, we serve 150 markets around the world. Uh the three most uh important markets obviously, North America, Europe and China. Speaker B Uh not every market is going zero emission at the same speed. Speaker B But the direction of travel is towards zero emission. Speaker B And in the case of Mercedes-Benz, we have made this decision. We know that for the foreseeable future, minimum the next 10 years, probabl
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