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Mercedes CEO Urges Caution on EU’s 2035 EV Ban Amid US Infrastructure Push
Mercedes CEO Urges Caution on EU’s 2035 EV Ban Amid US Infrastructure Push
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BTCCSquare news:
Mercedes-Benz CEO Ola Källenius has called for a reassessment of the European Union's plan to ban CO2-emitting vehicles by 2035, warning the policy could harm automakers already grappling with weak EV demand and Chinese competition. "We must not lose sight of our economy," Källenius stated, advocating for technology-neutral decarbonization through tax incentives and charging infrastructure rather than mandates.
Meanwhile, the US continues expanding EV charger funding despite political opposition, creating divergent regulatory landscapes. The EU's review process later this year will determine whether policymakers adjust targets to reflect market realities or maintain course toward the contested 2035 deadline.
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