Investing $1 billion, Daimler Power Electric Vehicle Program

The research and development of electric vehicles has always been a money-burning investment project. Recently, Daimler Group said it will invest 1 billion US dollars in electric vehicles and their battery production in the United States. The $1 billion is no small investment, but it is still slightly inferior to the Daimler Group’s revenue of more than $180 billion last year. It is no wonder that Tesla CEO Musk commented: I hope to see Daimler’s investment in electric vehicles add another zero to reach 10 billion US dollars.

 On October 6, local time, Daimler Group said it will start construction of a battery factory in Alabama, USA, which is within the scope of a $1 billion investment. At present, Daimler has already started production of the new SUV model GLE at the above-mentioned plants.

 

1

                              “Daimler Germany Carmenz factory planning diagram”

 

The Daimler Group has now established a plant for battery manufacturing in Kamenz County, Germany, and the Group’s local plant in Sindelfingen will be the center for mass production of autonomous vehicles and electric vehicles, which currently produce Messi. Des Mercedes-Benz S-Class sedan, and is preparing to build more factories in Beijing and Bangkok. In addition, Mercedes-Benz is also planning to build six factories to produce EQ series electric vehicles. After the reorganization of German domestic factories, the company There will be 8 battery factories.


Post time: Oct-12-2018