Mercedes-Benz plant to focus on EV technology

Friday, 05. March 2021 15:59

The Mercedes-Benz plant, Untertuerkheim, will become a technology center with a campus that will focus on the research and development of electric vehicle (EV) driving systems and battery technology, parent company Daimler announced on Friday.

The Untertuerkheim site will also be tasked with the production of lithium-ion cells as Mercedes-Benz aims to achieve carbon neutrality by 2039, according to the company's press release.

Last month, Daimler posted its fourth-quarter earnings results, which revealed the company's revenue fell 11% on the year in 2020 to €154.31 billion.

Related Links: Daimler AG
Author:
Breaking the News / JC