The recent difficulties will not force Mercedes Benz to reduce investments

The recent difficulties will not force Mercedes-Benz to reduce investments in electrification

Rising prices of nickel, aluminum and other metals have compounded problems for electric car makers, and Tesla has already increased the price of its products twice a month. The head of Mercedes-Benz Ola Kallenius (Ola Kallenius) said that the difficulties encountered will not force the company to abandon plans to switch to electric traction, while the automaker will also not structurally separate the business for the production of cars with internal combustion engines .

Image source: Mercedes-Benz

Image source: Mercedes-Benz

The head of the German company spoke at the opening ceremony of a new company in Alabama for the production of traction batteries explainedthat the financial forecast for 2022 will not deteriorate. By the end of the decade, Mercedes-Benz still expects to spend 40 billion euros on the switch to electric vehicles. According to the head of the automaker, even COVID-19 has not forced the company to reduce investments in future development, so the current market situation does not frighten him either. The Alabama plant, which will employ 600 people, will manufacture traction batteries for EQS and EQE electric vehicles, which will be assembled at a nearby plant later this year. They are produced in parallel with models with internal combustion engines.

As the Mercedes-Benz boss further emphasized, the company management sees no reason to structurally separate the combustion engine business. “There is only one Mercedes-Benz, and this company will go all-electric sooner than many think. said Ola Kallenius. By mid-decade, Envision AESC’s traction battery factory in the United States will be operational, supplying its products to the Mercedes-Benz plant in Alabama. Overall, the company wants to organize up to eight production sites for the production of batteries in Europe, North America and Asia by the end of the decade, in the development of which various partners are involved. Together they will be able to produce up to 200 GWh of battery capacity per year.


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Dylan Harris

Dylan Harris is fascinated by tests and reviews of computer hardware.

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