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Mercedes CEO Urges EU to Reconsider EV Ban

8/12/2025

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Summary

Story summary

Ola Källenius, CEO of Mercedes-Benz, calls on the EU to rethink its 2035 combustion engine vehicle ban due to economic concerns.
He suggests implementing incentives, such as enhanced charging infrastructure and tax breaks, rather than imposing strict deadlines.
Källenius cautions that mandated EV adoption could jeopardize the European car market amid weak electric vehicle demand.
The EU's proposal is currently under review, with industry leaders worried about its effects on sales and competition from China.

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Story summary

Ola Källenius, CEO of Mercedes-Benz, calls on the EU to rethink its 2035 combustion engine vehicle ban due to economic concerns.
He suggests implementing incentives, such as enhanced charging infrastructure and tax breaks, rather than imposing strict deadlines.
Källenius cautions that mandated EV adoption could jeopardize the European car market amid weak electric vehicle demand.
The EU's proposal is currently under review, with industry leaders worried about its effects on sales and competition from China.