Mercedes-Benz is taking a look at power options ought to Russia reduce fuel deliveries and is working carefully with German authorities to make sure power provides.
“Each firm is taking a look at choices for diversifying power sources,” CEO Ola Kaellenius advised Reuters TV forward of the corporate’s annual assembly on Friday.
“It’s nonetheless too early to say precisely which situation will occur, however after all we’re fastidiously taking a look at this,” Kallenius stated.
Russia’s Gazprom reduce off fuel provides to Poland and Bulgaria this week and has threatened to do the identical to different nations, cranking up retaliation for Western sanctions imposed for Moscow’s invasion of Ukraine.
Germany has not been affected thus far.
Mercedes Chief Monetary Officer Harald Wilhelm stated this week that the carmaker makes use of fuel crops for warmth to run paint outlets.
Different German automakers and suppliers are additionally getting ready for the likelihood that Russia will reduce off fuel provides to Europe because of the Ukraine battle.
Volkswagen Group premium model Audi stated on the provide of fuel for VW Group crops is safe at current however the automaker is in common contact with the authorities, community operators, and suppliers to have the ability to assess additional developments and take any mandatory measures.
BMW stated is “monitoring the unstable state of affairs carefully” and is in trade with the authorities.”
Robert Bosch stated it covers 20 % of its power wants with fuel, so it doesn’t require very giant portions, however a few of its suppliers do, particularly in semiconductor manufacturing.
Continental stated it’s “carefully monitoring the present state of affairs and constantly evaluating all choices obtainable.”
A Reuters evaluation exhibits that over half of the power consumed by Germany’s carmakers was from fossil fuels, with the biggest chunk from pure fuel.
Automotive Information Europe contributed to this report