We’re basically sold out of electric cars, Mercedes-Benz boss says

2022.05.09 16:22

FILE PHOTO: Mercedes-Benz logos are seen at the company’s vehicle assembly plant in Chakan, outside Pune, India, June 11, 2015. REUTERS/Danish Siddiqui

FRANKFURT (Reuters) – Mercedes-Benz is virtually sold out of electric cars as supply chain tightness makes it tough for the luxury carmaker to keep up with rising demand, its chief executive said on Monday.

Asked about comments by rivals, including Volkswagen (ETR:VOWG_p), that demand for electric vehicles was outstripping supply, Ola Kaellenius told the FT Future of the Car 2022 conference: “That’s largely true for us as well.”

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