Mercedes Benz ditches plan to sell only EVs by 2030
Business Insider, 23 February 2024
Mercedes-Benz is moving away from its ambitious plans for EVs by 2030.
The carmaker walked back that goal during an earnings call this week, however.
A Q4 statement from Mercedes says EV sales in 2030 will be more like 50% of its fleet.
It looks like Mercedes-Benz won’t live up to its goal to be all-electric by 2030.
In 2021, the German carmaker announced plans only to sell electric vehicles — “where market conditions allow” — by 2030. It now seems that market conditions aren’t going to allow that.
