Mercedes-Benz Reveals Aggressive EV Production Plan

Mercedes-Benz has revealed plans to build electric vehicles at six of its factories on three continents, in one of the most aggressive strategies among manufacturers to date.

The German automaker, which previously confirmed plans to offer electric versions of all car models by 2022, has begun ramping up its production strategy that will see a $13.6 billion investment in EVs and battery technology worldwide.

Its first vehicle, the EQC SUV, will debut next year, coinciding with Mercedes’ entry into the ABB FIA Formula E Championship for the 2019/20 season.

The car will be the first of the EQ brand, which was recently shown at the Detroit auto show.

Additionally, Daimler confirmed that it is also building a “global battery network” that is currently comprised of five battery factories on three continents.

“The battery is the key component of e-mobility,” said Markus Schäfer, Member of the Divisional Board of Mercedes-Benz Cars, Production and Supply Chain.

“As batteries are the heart of our electric vehicles we put a great emphasis on building them in our own factories.

“The electric initiative of Mercedes-Benz Cars is right on track.

“Our global production network is ready for e-mobility. We are electrifying the future.”