Europe’s carmakers face pressure from all sides: shrinking sales, rising energy costs and fierce international rivals. Mercedes-Benz boss Ole Källenius, who heads the European car industry association ACEA, warns that the EU’s green agenda risks undermining the auto industry unless it adopts a more pragmatic approach to reaching zero emissions.
In an interview with Euronews, Källenius emphasized his commitment to electric cars, pointing to the significant investments by carmakers and the availability of hundreds of EV models. Yet, he urges policymakers to ground climate targets in current market and infrastructure realities, not just ambition.
He says the transition...