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Transition to Electric Vehicles and Market Acceptance
The shift towards electric vehicles is progressing gradually, with investments being made in architectures and technologies, including the development of charging infrastructure. While the early adopter phase is over, mass adoption is now required. The transformation to EVs may not be as rapid as initially expected, with some markets potentially not fully transitioning by 2030. Established manufacturers like Mercedes Benz with loyal customers must cater to consumer demands, even if they still desire high-tech combustion products in the future.