Mercedes CEO says Europe’s gas crisis will accelerate its shift to renewables
Europe’s gas crisis will be “a catalyst” for Mercedes-Benz to push deeper into clean energy, says its CEO. In an interview Sunday, Ola Källenius told CNN Business that the automaker had been leaning more toward wind energy for its operations due to the long-running power crunch, which has weighed on millions of households across the region since Russia’s invasion of Ukraine.
“We’re going to diversify, we’re going to make ourselves more resilient, and of course we’re going to go carbon-free,” he added. The objectives have the potential to dovetail with the company’s broader ambitions. Like other global automakers, Mercedes is currently working to expand its lineup of electric vehicles as it seeks to catch up with industry pioneer Tesla\n \n .
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