Mercedes CEO warns Europe against premature EV push as EVs get critical US support

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Mercedes-Benz CEO Ola Källenius recently shared his concerns about the European Union’s plan to ban CO2-emitting vehicles by 2035, calling for a “reality check” due to potential economic risks for the European auto industry. Starting in 2035, the EU has a plan to ban CO2-emitting vehicles, but Källenius wants the target reevaluated and has sounded the alarm in hopes of positively influencing the review coming up in the second half of this year. Why Källenius is skeptical of the EU’s plan Support...