Breaking News

ZOTAC GAMING Launches GeForce RTX 5080 SOLID CORE OC 20th Anniversary Edition Google Unveils Pixel 11 Series, Pixel 11 Pro Fold, Pixel Watch 5, and Pixel Tag Insta360 Expands Its Content Creation Ecosystem with Flagship X6 8K 360 Camera and Next-Generation Audio Solutions Razer Unveils the Artisan Keycap – Triple-Headed Snake Edition Razer Unveils the Naga V3 Pro

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Mercedes to Invest $1 Billion in Alabama Electric Vehicle Factory

Mercedes to Invest $1 Billion in Alabama Electric Vehicle Factory

Enterprise & IT Sep 21,2017 0

Daimler AG will spend $1 billion to start production of Mercedes-Benz electric vehicles at its Alabama factory, setting the car maker up to battle with Tesla.

The 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.

Tesla's flagship Model S sedan outsold the Mercedes S-Class and BMW 7-Series last year in the U.S., putting pressure on the brands to defend their image as automotive innovators.

Daimler is also in talks to expand its Denza joint venture with BYD Co. in China with additional models, Chairman Wang Chuanfu told a group of reporters in the southern Chinese city on Thursday.

As part of a 10 billion-euro green-car rollout, Mercedes unveiled an electric hatchback this month at the Frankfurt auto show.

Mercedes started assembling vehicles in Alabama 20 years ago. The factory has since emerged as one of the brand's main manufacturing hubs worldwide, with some 70 percent of assembled vehicles slated for export to global markets.

Tags: electric cars
Previous Post
AMD Said to Make AI Chip for Tesla
Next Post
Your Next Smartphone's GPS Will be Extremely Accurate

Related Posts

  • The future of the motoring industry

  • Ford Says Mustang Mach-E Can Add 119 Kilometres of Driving Range in 10 Minutes

  • Tesla Develops New Low-cost, Long-life Battery for Electric Cars: report

  • New Ford Mustang Mach-E to Have an Over-The-Air Update System

  • Tesla Delays The Release of Roadster Sports Car

  • NIO Enters Agreements for Investments in NIO China

  • China’s Xpeng P7 EV Has a 706km Range - Longer Than Tesla’s Model 3

  • Polestar 2 Electric Car Will Launch in the U.S. Starting from $60,000

Latest News

ZOTAC GAMING Launches GeForce RTX 5080 SOLID CORE OC 20th Anniversary Edition
GPUs

ZOTAC GAMING Launches GeForce RTX 5080 SOLID CORE OC 20th Anniversary Edition

Google Unveils Pixel 11 Series, Pixel 11 Pro Fold, Pixel Watch 5, and Pixel Tag
Smartphones

Google Unveils Pixel 11 Series, Pixel 11 Pro Fold, Pixel Watch 5, and Pixel Tag

Insta360 Expands Its Content Creation Ecosystem with Flagship X6 8K 360 Camera and Next-Generation Audio Solutions
Cameras

Insta360 Expands Its Content Creation Ecosystem with Flagship X6 8K 360 Camera and Next-Generation Audio Solutions

Razer Unveils the Artisan Keycap – Triple-Headed Snake Edition
Gaming

Razer Unveils the Artisan Keycap – Triple-Headed Snake Edition

Razer Unveils the Naga V3 Pro
Gaming

Razer Unveils the Naga V3 Pro

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed