Laudable. But I'd rather read about how they plan to fight Chinese EVs.
The same way they've fought cheaper ICE brands: delivering higher quality materials, a fancy badge and a great driving experience. Currently the Chinese EVs are cheap, but far from Merc levels of refinement.
Fight? This year, the Chinese Geely turned the largest shareholder of Daimler (MB). They own Volvo as well.
How much revenue of German cars comes from China? Maybe they can hike the import tax.
> how they plan to fight Chinese EVs.
Mercedes-Benz?
> how they plan to fight Chinese EVs.
Legislatively
Yep.
Lobbying probably since no one can on manufacturing