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Mercedes-Benz scales back electric ambitions as EV pessimism grows
(arstechnica.com)
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this post was submitted on 22 Feb 2024
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This is really sad. Their ambition should be to be leading innovators and build the best possible EVs and not just give up.
They never wanted to innovate. They have entire warehouses full of IC engines and related parts. It's far cheaper to just slap those together.
I don't think that is true. Big companies consist of many people. There are Mercedes people who want to be on the leading edge but they need support from management.