Mercedes Latest German Automaker to Pull Back on Its Electric Car Plans
Mercedes is backing away from its electric car plans as slower than expected sales have taken the company by surprise.
CleanTechnica 5:40 pm on May 20, 2024
Mercedes has announced plans to scale back its electric vehicle initiatives as of May 1, 2024.
- Announcement: Mercedes will reduce its electric car development.
- Date: As of May 1, 2024.
- Reason: Reevaluation and scaling back plans for electric vehicles.
- Source: Steve Hanley reported on the company's decision.
- Impact: The change may affect Mercedes' role in EV industry advancements.
https://cleantechnica.com/2024/05/18/mercedes-latest-german-automaker-to-pull-back-on-its-electric-car-plans/