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Last Updated : Apr 18, 2019 03:21 PM IST | Source: Reuters

Daimler's new boss plans to make company carbon neutral by 2040: Report

Daimler's Ola Kaellenius, who will become Chief Executive in May, will oversee the new strategy to cut carbon dioxide emissions, the report said.

Daimler plans to become a carbon neutral company by 2040, ensuring that all new cars, production methods, and suppliers will work in a way which does not produce carbon dioxide emissions, Manager Magazin said on April 18.

Daimler's Ola Kaellenius, who will become Chief Executive in May, will oversee the new strategy to cut carbon dioxide emissions, Manager Magazin said, without citing sources.

Separately, Kaellenius will not renew common projects with French carmaker Renault and Nissan, letting an alliance between the carmakers lapse, the magazine said.

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First Published on Apr 18, 2019 02:59 pm
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