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Daimler to Invest $1 Billion in Alabama to Build EV's and Batteries


Harley Lover

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It's interesting to see Mercedes put its money where its mouth is when it comes to EV's. It's also remarkable that the Alabama battery plant will be their fifth battery plant globally. I don't know what the scale of these battery plants is, but that seems to show a determination to succeed:

 

 


Daimler AG plans to spend $1 billion to start production of Mercedes-Benz electric vehicles at its Alabama factory, setting the world’s largest luxury-car maker up to battle with battery-car specialist Tesla Inc. on its home turf.

The German automaker will build its fifth battery plant globally and create more than 600 jobs in the region, the company said Thursday in a statement. The Alabama factory will assemble electric sport utility vehicles, taking on Tesla’s Model X and making Stuttgart-based Daimler the first European company to assemble plug-in autos in the U.S.

Interesting that the article refers to both EV's and PIH vehicles, so I wonder which it will be (or both)?

Also interesting that Mercedes seems to believe that battery construction will be a core competency going forward.

Full article: https://www.bloomberg.com/news/articles/2017-09-21/mercedes-plots-tesla-attack-with-1-billion-u-s-electric-push

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I'm curious as to why Daimler needs five plants to assemble bateries for EVs instead of one major plant doing all of it?

Perhaps that shows that EV production still is rather botique and exclusive....ever hopeful that production will increase....

Edited by jpd80
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