Daimler Investing €500M Into Mercedes-Benz Plant For Hightech Production For E-Mobility

Daimler announced another significant investment related to electric cars. The company’s Mercedes-Benz plant in Hamburg is to be upgraded for about €500 million (over $570 million) in order to convert the plant into a high-tech site producing drive components for electric mobility. The main tasks for the plant are: axles and axle components,… …read more