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Mercedes Vows to Keep Making Gas-Powered Engines as EV Transition Slows

The company said it has set up its plants to be flexible, allowing customers to decide which type of engine they prefer to buy.
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Mercedes Vows to Keep Making Gas-Powered Engines as EV Transition Slows
The logo of Mercedes-Benz outside a Mercedes-Benz car dealer in Brussels, on June 1, 2023. Yves Herman/Reuters
Jana J. Pruet
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Mercedes-Benz Group AG is easing off its aggressive electric vehicle goals as sales lag, pushing the luxury automaker to keep producing its trusted combustion engines.

“The transformation might take longer than expected,” CEO Ola Källenius told shareholders during the company’s annual meeting on May 9.

Jana J. Pruet
Jana J. Pruet
Author
Jana J. Pruet is an award-winning investigative journalist. She covers news in Texas with a focus on politics, energy, and crime. She has reported for many media outlets over the years, including Reuters, The Dallas Morning News, and TheBlaze, among others. She has a journalism degree from Southern Methodist University. Send your story ideas to: [email protected]
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