Mercedes-Benz has revised its ambitious goal of exclusively selling electric vehicles (EVs) by the 2030s, citing “market conditions” as a significant factor in this decision. The announcement marks a shift from the company’s bold statement three years ago, as reported by the Verge, when the German luxury carmaker committed to an “all-electric” future and planned to invest $47 billion towards electrifying its lineup. At the time, Ola Källenius, CEO and Chairman of the Board of Management, expressed confidence in the transition, stating, “We are convinced, we can do it with strong profitability, and we believe that focus on electrical is the right way to build a successful future and to enhance the value of Mercedes Benz.”
However, this vision was adjusted in the company’s recent fourth-quarter earnings report, which highlighted a more flexible approach to the transition: “Customers and market conditions will set the pace of the transformation. The company plans to be in a position to cater to different customer needs, whether it’s an all-electric drivetrain or an electrified combustion engine, until well into the 2030s.” This statement suggests a more gradual shift to electric vehicles, with the company now anticipating that EV sales will constitute up to 50 percent of its total sales by the latter half of this decade.
This strategic pivot follows several high-profile incidents involving Mercedes-Benz electric vehicles. Notably, an EQB model erupted in flames while charging in a showroom in Malaysia on New Year’s Eve 2023, leading to significant damage. The blaze consumed approximately “90 percent of the car, five percent of the showroom building structure, and 20 percent of the electric vehicle charging bay,” according to the local fire and rescue operation commander, as reported by the Star.
Additionally, a Mercedes-Benz EQE350+ electric car spontaneously combusted while parked in a garage at a residence in Nocatee, Florida earlier in the year. The incident, which did not occur during charging, resulted in an estimated $1 million in property damage, Breitbart News detailed. These events have contributed to the automaker’s reassessment of its electrification timeline and strategy.
No EV’s for me! Never!
Common Sense prevails over the “do or die” policies of the jihad climate changers who will put lives and property at risk for their radical agenda.