Mercedes-Benz continues to focus on the Chinese business

Mercedes-Benz continues to focus on the Chinese business


Business globalization

Despite the political tension – Mercedes-Benz continues to focus on the Chinese business

Mercedes-Benz boss Ola Källenius doesn't think too much Mercedes-Benz boss Ola Källenius doesn't think too much

Mercedes-Benz boss Ola Källenius doesn’t think much of the “unbundling” of a globalized economy.

Source: Mercedes-Benz AG

Tensions with Beijing are rising, and war against Taiwan seems possible. However, Mercedes boss Källenius does not want to do without the Chinese sales market. In Germany he hopes for a rapid expansion of the payment infrastructure.

DMercedes-Benz boss Ola Källenius wants to continue expanding business in China despite growing political tensions. The growth potential there will continue to be very attractive in the next ten years, said Källenius in an interview with WELT AM SONNTAG.

“Limiting ourselves in China will make us weak. That cannot be a strategy,” he said. “The economic miracle” of China “has also found a large number of jobs in Germany”.

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Källenius rejected a stronger division of the regional economy: “If you believe that the Chinese economy can be separated from the European or American economy, that is a complete delusion. It will have serious consequences for the world economy, in a way that cannot be compared to that of the World War Ukraine,” he said.

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Considering the high price of energy, Källenius called for a quick switch to renewable energy sources. “I fully support the action of the German government to rapidly reduce dependence on Russian energy. But the lack of time should not distract us from changing the system,” he told the newspaper. The industry must decarbonize, “for this we need an energy transition as soon as possible”.

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There will be no point in switching to electricity if energy continues to come from fossil fuels. Mercedes is therefore participating in the expansion of the charging infrastructure and is planning “energy self-sufficiency to a certain extent” in its locations, said Källenius.

With the “1000 roof plan” they want to expand photovoltaics in their own buildings around the world, and Mercedes-Benz is currently working on a wind power project in Germany. In the future, they want to use this to cover “a large part” of their electricity consumption.

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In order to display embedded content, your revocable consent to the transmission and processing of personal data is required, as providers of embedded content like third-party service providers require this consent. [In diesem Zusammenhang können auch Nutzungsprofile (u.a. auf Basis von Cookie-IDs) gebildet und angereichert werden, auch außerhalb des EWR]. By setting the switch to “on”, you agree to this (which can be revoked at any time). This also includes your consent to transfer certain personal data to third countries, including the United States, in accordance with Article 49 (1) (a) GDPR. You can find more information about this. You can withdraw your consent at any time through the switch and through privacy at the bottom of the page.

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