91tv

News Digest Item
06 Apr 2018

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

dpa

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 .

For background, read the 91tv dossier The Energiewende and German carmakers.

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