BMW and Mercedes shift CO2 strategy from EVs to plug-in hybrids
Mercedes-Benz and BMW are adding a wide range of new plug-in hybrids as they strive to reduce CO2 emissions to meet stricter EU targets this year. Both companies said putting plug-in hybrids versions on more models would help reduce carbon emissions this year by 20%.
LMC Automotive, an analyst firm, predicts that plug-in hybrids will outsell EVs in Europe this year.