cross-posted from: https://lemmy.zip/post/46045941
“We need a reality check. Otherwise we are heading at full speed against a wall,” Mercedes chief executive Ola Kaellenius told the Handelsblatt business daily of the 2035 goal, adding that Europe’s car market could “collapse” if it goes ahead.
In any sane economy, this CEO would be terminated immediately for endangering the company.
Delaying he switch to full EV production is actively hurting the required transformation process they should have started 10 years ago. Further delays will just make the impact so much worse, but that’s of no concern to the current shareholders, apparently.