Mercedes CEO Fears Europe's Car Industry Will 'Collapse' | NYGazet

Ola Kallenius, who is also the president of the European auto lobby ACEA, warns that the EU's ban on new gas car sales would have severe consequences.

Just a few years ago, Mercedes was confident about going all-in on electric vehicles in Europe. In 2021, it projected that by the end of the decade, it would stop selling cars with combustion engines “where market conditions allow.” Not only has the ... [2800 chars]