Mercedes-Benz CEO Believes Luxury Car Buyers Will Help EV Adoption

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Mercedes-Benz CEO Believes Luxury Car Buyers Will Help EV Adoption
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Mercedes-Benz CEO Believes Luxury Car Buyers Will Help EV Adoption via insideevs.com

Mercedes' CEO made it clear that the automaker still intends to produce ICE cars into the future, but it may not last much longer. If shoppers increasingly choose EVs over gas cars, it will only make sense for the brand, and arguably its rivals, to transition its product lineup more quickly.

“Step by step, we see the market turning. I really believe that in this decade, we will flip from being based upon high tech internal combustion engines to going dominant electric, if not all electric, in the luxury segment.”

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