Mercedes-Benz's CEO, Ola Källenius, opines that cost parity ...
Mercedes-Benz's CEO, Ola Källenius, opines that cost parity between EVs and traditional cars is far off. The company's strategy to boost profits through high-end car sales to fund battery tech transition faces hurdles. The firm is also wary about battery tech, with slowest growth in fully electric car sales since 2019 expected.
Mercedes-Benz Pares Back EV Sales Target on Waning Demand
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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