News Digest Item
06 Apr 2018

Daimler CEO: More e-cars good for climate, but not for company results


Daimler CEO Dieter Zetsche told the carmaker's shareholders investments in e-mobility will weigh on company results, reports the news agency dpa. “More electric cars are good for the CO₂ footprint, but not so good for our corporate earnings – at least temporarily,” said Zetsche at Daimler’s annual general meeting. The transition to emissions-free mobility was an economic challenge, he said. Diesel cars would continue to play an “important role” in lowering CO₂ emissions in transport, said Zetsche.

Read the article in German here.

For background, read the CLEW dossier The Energiewende and German carmakers.

All texts created by the Clean Energy Wire are available under a “Creative Commons Attribution 4.0 International Licence (CC BY 4.0)” . They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.

Journalism for the energy transition

Get our Newsletter
Join our Network
Find an interviewee