German FAZ: Mercedes is in the China trap008003

When Ola Källenius strolled through the Mercedes Classic Center with guests in the spring, the head of the car manufacturer answered the question of what his company stood for: innovative technology and luxury. He added: “We want to build the most sought-after electric cars in the world.” In just a few words, the manager outlined his two most important strategic approaches. The Baden-Württemberg company should, if possible, only sell electric cars from 2030 onwards. And not just any cars, but above all high-priced luxury vehicles for which customers pay six-figure sums.
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