Industry

Europe’s 2035 Gas Engine Ban ‘Can Kill an Industry’

by
Europe's 2035 Gas Engine Ban 'Can Kill an Industry'

BMW watched from the sidelines as Audi, Porsche, Mercedes, Volvo, and others announced lofty EV goals a few years ago, only to backtrack in recent months. Munich never vowed to go fully electric within a set timeframe, instead preferring to give customers the freedom of choice. It projects demand will be evenly split between gas … Read more

Mercedes CEO Fears Europe’s Car Industry Will ‘Collapse’

by
Mercedes CEO Fears Europe's Car Industry Will 'Collapse'

Just a few years ago, Mercedes was confident about going all-in on electric vehicles in Europe. In 2021, it projected that by the end of the decade, it would stop selling cars with combustion engines “where market conditions allow.” Not only has the luxury brand dropped this ambitious goal, but it has also taken a … Read more