Daimler CEO Calls on Governments to Offset Electric-Car Costs

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Daimler AG Chief Executive Officer Dieter Zetsche said governments should offer consumers financial incentives to buy electric vehicles to help offset the extra cost for manufacturers to build the cars.

“Even in the best case, the cost of electric autos might run several thousand euros more than conventional vehicles for the foreseeable future,” Zetsche said today in a speech in Stuttgart. “In other words, we need appropriate sales incentives.”