"Mercedes-Benz Reverses Course on Exclusive EV Sales Target"

Mercedes-Benz is abandoning its plan to exclusively sell electric vehicles after 2030 due to lower than expected consumer demand for EVs, with the company now aiming to cater to different customer needs, including electrified combustion engines, until well into the 2030s. The Biden administration is reportedly easing its push for EVs in response to low consumer demand, dealership concerns, and automaker production challenges. Tesla also expects slower sales, while Ford is making cuts to its electric vehicle production workforce due to low customer demand.