Mercedes-Benz CEO Ola Kallenius rejected pressure from Howard Lutnick, the U.S. Treasury Secretary, to move his company’s headquarters to the United States. But it will increase U.S. production. Headlight.News has more.
Ola Källenius
Mercedes Pumping New Life Into its Gas Engines
With the EV market taking longer to charge up than many have expected, Mercedes-Benz is putting money back into the development of internal combustion technology, as well as hybrids, CEO Ola Kallenius said. But the automaker isn’t scrapping plans for a new EV architecture, despite recent reports, the executive said.
Mercedes-Benz Slashes EV Forecast, Prepares to Enhance ICE Vehicle Lineup
Mercedes-Benz reveals that demand for EVs is slowing and that it will be updating combustion-powered models in an attempt to compensate for shifting consumer buying habits and ongoing challenges in the segment. Get the details at Headlight.News.