Mercedes-Benz plans $1bn e-car investment in US
Mercedes-Benz plans to invest 1 billion dollars in making electric vehicles in the US state of Alabama, reports Nathan Bomey in USA Today. The investment will go both to an expansion of the German luxury brand's existing plant near Tuscaloosa and to build a new battery factory. Mercedes said it plans to begin construction in 2018 and start production at "the beginning of the next decade."
Read the article in English here.
The factsheet Reluctant Daimler plans “radical” push into new mobility world provides the background.