Mercedes-Benz CEO Ola Källenius calls on the EU to drop emissions fines, arguing that they will hinder the development and production of affordable electric cars.
This comes at a time when EV sales in Europe experienced a 6% decline in 2024, a stark contrast to the growth observed in the United States and China.
To be fair, US sales may be growing faster, but EV sales in the EU – driven by hefty financial incentives, like tax exemptions – had also been somewhat-larger in the US.
China, on the other hand, is doing a lot of EVs.
I was looking at a graph the other day. Let me see if I can find it or something comparable.
kagis
Yeah:
I’m sure that Mercedes-Benz can do the math, but one thing that certainly weighed on my mind after glancing at those charts is that one expects that China’s going to have substantial economy-of-scale advantages, as they’re selling more units.
To be fair, US sales may be growing faster, but EV sales in the EU – driven by hefty financial incentives, like tax exemptions – had also been somewhat-larger in the US.
China, on the other hand, is doing a lot of EVs.
I was looking at a graph the other day. Let me see if I can find it or something comparable.
kagis
Yeah:
I’m sure that Mercedes-Benz can do the math, but one thing that certainly weighed on my mind after glancing at those charts is that one expects that China’s going to have substantial economy-of-scale advantages, as they’re selling more units.