Reported about 21 hours ago
Mercedes-Benz USA CEO Dimitris Psillakis announced that the company is fully committed to developing hybrid and electric vehicles, despite slower than expected EV adoption. The brand saw a 9% increase in sales in 2024, driven by its luxury vehicle lineup and successful fourth quarter. While traditional gas engines will still be developed into the 2030s, Mercedes-Benz aims to adapt to market demands with a strong focus on electric vehicle strategies.
Source: YAHOO