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I am having trouble distinguishing. Is this article more "industry insider gives insight on why cheap electric cars are unlikely soon" or "industry dinosaur fails to understand how mammals could take over"?

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Yeah. It's a bit strange because Mercedes is known for making expensive cars, and they're nowhere near being a leader in the EV field, the amount of EVs that they make is tiny.

The writing is on the wall but Daimler-Benz sunk a lot of R&D money on diesel technology. They will likely lobby with German government and EU to see that investment recouped (there is already push back to extend sales of ICEs beyond 2030).

They are ahead of the competition on ADAS and autonomous driving, but their direct competitors VW group have done quite a lot of quick EV market transitions while Daimler-Benz is snoozing.

Hopeful Mercedez bites the bullet and just buys OEM EV solutions from Bosch or some other supplier to make way faster into the EV market.

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