Mercedes CEO Sees Shift to EVs as Best for Business
Ola Kallenius, the current CEO of Mercedes-Benz, stated in an interview with CNBC’s Jim Cramer that while there will still be a demand in the market for vehicles with internal combustion engines (ICEs) for some time, luxury customers will begin asking for more electric cars and SUVs in the near future rather than in the long run. In fact, the Mercedes CEO thinks that a major transition is already happening as it delivered 31,000 electric vehicle (EV) units in the first half of 2022 alone. He said that we are already seeing the overall transformation of the market. Kallenius stated that truly believes that in this decade, Mercedes will go… Continue Reading »