Mercedes to extend CEO Kaellenius contract biztoc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztoc.com Daily Mail and Mail on Sunday newspapers.
BERLIN (Reuters) - Mercedes-Benz is set to drop the EQ product brand for battery-electric cars as soon as the next generation of compact cars, set to .
The decision is based on Chief Executive Ola Kaellenius focus on electric-only cars, making the EQ brand redundant as Mercedes turns away from the combustion engine.