Mercedes-Benz will continue to sell combustion engine cars “well into the 2030s” as it adjusts to changing demand for its electric vehicles, the company’s CEO said. Mercedes has rolled back plans announced in 2021 to become all electric “wherever market conditions allow” by 2030. “Artificially trying to hit the number by pushing product into the market doesn't make sense,” Mercedes CEO Ola Kallenius told investors on the company’s earnings call on Thursday.
“We’ve got the powertrain lineup, and we have the infrastructure to continue to produce ,” Kallenius said. “It's almost like we will have a whole new fresh lineup in 2027 that can carry us well into the 2030s”. However extending the life of combustion vehicles “adds some execution complexity”, Houchois warned.
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