Hyperdrive
Mercedes Meets CO2 Target With Late-Year Surge in EV Sales
- Total retail deliveries rose 0.2% in last three months of year
- Roughly half of carmaker’s annual plug-in sales were in 4Q
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Daimler AG’s Mercedes-Benz complied with Europe’s tighter emissions limits last year as a late surge in plug-in vehicle sales spared the world’s largest luxury-car maker from fines.
Mercedes delivered about 160,000 plug-in hybrid and fully electric cars in 2020, with the fourth quarter accounting for roughly half of those deliveries, Daimler Chief Executive Officer Ola Kallenius told reporters Thursday. He had cautioned in the past that meeting the emissions target would be a close call.