Mar 27, 2024 08:10 PM
BUSINESS
Mercedes-Benz CEO Reaffirms Commitment to Going Electric
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Mercedes-Benz Chairman Ola Källenius delivers a speech Monday at the China Development Forum in Beijing. Photo: China Development Forum 2024
Mercedes-Benz Group AG is making adjustments to its factories to embrace the pure electric era, and will aim to offer customers a line-up of fully electric and hybrid models by 2030, CEO Ola Kaellenius said at a forum in Beijing.
The German automaker is taking the necessary steps to go all-electric, and customers and market conditions will set the pace of the transformation, Kaellenius said at the China Development Forum Monday, reiterating a previous pledge by the company during its annual 2023 earnings presentation last month.
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