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.