• Home
  • News
    • Apps
    • Autonomous
    • Battery
    • Charging
    • China
    • Commercial vehicles
    • Concept
    • Green Energy
    • Hybrids
    • Industry
    • Market Outlook
    • Modification
    • Motorcycles
    • Official
    • Regulation
    • Rumors
    • Safety
    • Sales
    • Technology
  • Brand
    • Audi
    • BMW
    • BYD
    • Chevrolet
    • Chrysler
    • Citroen
    • Dacia
    • Daihatsu
    • Ford
    • Geely
    • Honda
    • Huawei
    • Hyundai
    • Kawasaki
    • KIA
    • Lexus
    • Lotus
    • Lucid
    • Mazda
    • Mercedes-Benz
    • Mitsubishi
    • NIO
    • Nissan
    • Polestar
    • Porsche
    • Renault
    • Rivian
    • Rolls-Royce
    • Sony
    • Subaru
    • Suzuki
    • Tesla
    • Toyota
    • VinFast
    • Volkswagen
    • Volvo
    • Wuling
    • XPeng
  • Guides
  • Sports
    • Formula E
    • MotoE
    • Rally1
EVMagz - Electric Vehicles News
Subscribe
No Result
View All Result
  • Home
  • News
    • Apps
    • Autonomous
    • Battery
    • Charging
    • China
    • Commercial vehicles
    • Concept
    • Green Energy
    • Hybrids
    • Industry
    • Market Outlook
    • Modification
    • Motorcycles
    • Official
    • Regulation
    • Rumors
    • Safety
    • Sales
    • Technology
  • Brand
    • Audi
    • BMW
    • BYD
    • Chevrolet
    • Chrysler
    • Citroen
    • Dacia
    • Daihatsu
    • Ford
    • Geely
    • Honda
    • Huawei
    • Hyundai
    • Kawasaki
    • KIA
    • Lexus
    • Lotus
    • Lucid
    • Mazda
    • Mercedes-Benz
    • Mitsubishi
    • NIO
    • Nissan
    • Polestar
    • Porsche
    • Renault
    • Rivian
    • Rolls-Royce
    • Sony
    • Subaru
    • Suzuki
    • Tesla
    • Toyota
    • VinFast
    • Volkswagen
    • Volvo
    • Wuling
    • XPeng
  • Guides
  • Sports
    • Formula E
    • MotoE
    • Rally1
EVMagz - Electric Vehicles News
Subscribe
No Result
View All Result
EVMagz - Electric Vehicles News
No Result
View All Result

Mercedes-Benz continues construction of EV factory, despite Russian Invasion of Ukraine

Shaun Williams by Shaun Williams
March 16, 2022
in Mercedes-Benz, News
A A
0
Mercedes-Benz VISION EQXX Concept
257
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter

Mercedes-Benz AG will not cut spending on future electric vehicles. Even when coping with supply chain cost pressures exacerbated by the Russo-Ukrainian conflict,

Mercedes-Benz chief executive Ola Kaellenius, at the opening ceremony of its first US electric vehicle (EV) battery factory, also stressed the company’s 2022 financial prospects remain despite the conflict.

“We have always protected investments into future technologies and future products,” Kaellenius told Reuters. “That is the seed that we will harvest. Even in COVID 2020 we are not cutting back on R&D for important projects.”

“Mercedes is working with suppliers in Ukraine whose operations have been disrupted,” he added. “But it’s too early to say what the broader consequences will be.”

Soaring oil prices since Russia’s invasion of Ukraine have magnified the challenge for established automakers that still rely on fossil-fuel-powered vehicles to make a profit. Soaring prices for materials used in EV batteries such as nickel, which is heavily mined in Russia, are also hurting the industry.

Kaellenius is trying to speed up Mercedes’ shift from a combustion car technology company to one whose products don’t emit carbon and rely on software and computing power.

Mercedes and other established automakers are trailing Tesla in EV sales and in developing computer systems and software to keep up with the US company’s stream of new features and updates.

Daimler Truck, which split from Mercedes in December and Kaellenius said Tuesday that they see no reason for Mercedes to further separate EV from combustion engine operations. Some investors have been pushing established automakers to make pure EV units.

“There is only one Mercedes-Benz and that one company sooner than many people think will become an electric company,” Kaellenius said in an interview.

Mercedes also said on Tuesday that Japanese battery maker Envision AESC will supply battery modules for the US-made Mercedes EV from a new US factory by the middle of this decade.

Along with the launch of the battery plant in Bibb County, Alabama, Mercedes is also previewing a large electric SUV that will be built at its Tuscaloosa, Alabama, assembly facility this year.

The EQS SUV and the smaller EQE electric SUV, also set to be built in Alabama, join a growing lineup of electric SUVs looking to challenge Tesla in the United States, China and Europe.

The battery factory, which will employ 600 workers, and assembly facilities are part of Mercedes’ 40 billion euros effort to switch to electricity by 2030, where the market allows.

Mercedes, which plans to produce EV batteries in Europe, North America and Asia, aims to have eight cell factories with partners around the world with the capacity to produce 200 gigawatt hours per year by the end of the decade.

The Mercedes Alabama assembly plant, which turns 25 this year, can build electric and combustion vehicles, and is one of the largest Mercedes vehicle manufacturers in the world.

Google News icon Follow EVMagz on Google News
Tags: batteriesbatterydaimlerelectric vehicleelectric vehicleseuropeEV FactoryInvestmercedes
Shaun Williams

Shaun Williams

Shaun studied journalism, is a keen driver who enjoys a good blast down a mountain road, he loves talking about cars for hours on end and desires to see more sporty EVs.

Related Posts

CATL unveils new Qilin EV battery that capable delivering a range of 1,000 km

CATL unveils new Qilin EV battery that capable delivering a range of 1,000 km

by Linda Ma
July 2, 2022
0

CATL, the Chinese electric vehicle battery giant, has launched the Qilin, the third generation of its cell-to-pack (CTP) battery technology...

This Land Rover Defender turns electric after receives 80kW electric powertrain

This Land Rover Defender turns electric after receives 80kW electric powertrain

by David Smith
July 2, 2022
0

Have a Land Rover Defender and want to convert it into an electric vehicle? Electrogenic, a British company that focuses...

Siemens invests $100 million into Electrify America, become first external investor

Siemens invests $100 million into Electrify America, become first external investor

by David Smith
July 2, 2022
0

Siemens is now investing more than $100 million in Electrify America, the company that owns a network of electric vehicle...

Aptera Motors selected EVE Energy to supply battery cell for solar electric vehicle

Aptera Motors selected EVE Energy to supply battery cell for solar electric vehicle

by David Smith
July 2, 2022
0

Aptera Motors has selected the 21700 NMC 811 cylinder cell from EVE Energy for its lightweight three-wheel SEV (Solar Electric...

Newsletter

Get our daily electric vehicles news straight into your inbox!

Related Post

NIO reportedly to launch ES7 electric SUV on June 15

NIO teases video of ES7 electric SUV with NT 2.0 platform

June 14, 2022
Letenda introduces the Electrip, electric transit bus for the harsh winter conditions

Letenda introduces the Electrip, electric transit bus for the harsh winter conditions

March 11, 2022
Ioniq 5 with V2G to create world’s first energy system using bi-directional charging

Hyundai and Kia sold more than three million eco-friendly vehicles in 13 years

June 20, 2022

Tags

autonom Autonomous batteries battery bmw BYD charging charging station china company concept electric electric car Electric Truck electric vehicle electric vehicles elon musk europe ford hybrid hyundai hyundai ioniq 5 Invest ioniq japan lithium Lithium-ion mercedes motorcycle nio nissan platform price range sales sedan specification SUV technology tesla Tesla Model 3 toyota truck US Volkswagen

About

EVMagz was created not only to publish the breaking news of the day about electric vehicles, but to dissect it, promote it, and, most importantly, examine the how, what, and why of electric vehicles.

EVMagz brings together some of the most knowledgeable, well-known insiders, as well as dozens of prominent contributors.

Need Some Helps

  • Home
  • About Us
  • Advertising
  • Newsletter
  • Privacy Policy
  • Cookie Policy
  • Contact

Browse by Tag

autonom Autonomous batteries battery bmw BYD charging charging station china company concept electric electric car Electric Truck electric vehicle electric vehicles elon musk europe ford hybrid hyundai hyundai ioniq 5 Invest ioniq japan lithium Lithium-ion mercedes motorcycle nio nissan platform price range sales sedan specification SUV technology tesla Tesla Model 3 toyota truck US Volkswagen

Recent Posts

  • CATL unveils new Qilin EV battery that capable delivering a range of 1,000 km
  • This Land Rover Defender turns electric after receives 80kW electric powertrain
  • Siemens invests $100 million into Electrify America, become first external investor
  • Aptera Motors selected EVE Energy to supply battery cell for solar electric vehicle
  • Volvo invest at least $1.25 billion for new EV plant in Slovakia

© 2022 EVMagz - Electric Vehicles magazine by EVmagz.

No Result
View All Result
  • Home
  • News
    • Apps
    • Autonomous
    • Battery
    • Charging
    • China
    • Commercial vehicles
    • Concept
    • Green Energy
    • Hybrids
    • Industry
    • Market Outlook
    • Modification
    • Motorcycles
    • Official
    • Regulation
    • Rumors
    • Safety
    • Sales
    • Technology
  • Brand
    • Audi
    • BMW
    • BYD
    • Chevrolet
    • Chrysler
    • Citroen
    • Dacia
    • Daihatsu
    • Ford
    • Geely
    • Honda
    • Huawei
    • Hyundai
    • Kawasaki
    • KIA
    • Lexus
    • Lotus
    • Lucid
    • Mazda
    • Mercedes-Benz
    • Mitsubishi
    • NIO
    • Nissan
    • Polestar
    • Porsche
    • Renault
    • Rivian
    • Rolls-Royce
    • Sony
    • Subaru
    • Suzuki
    • Tesla
    • Toyota
    • VinFast
    • Volkswagen
    • Volvo
    • Wuling
    • XPeng
  • Guides
  • Sports
    • Formula E
    • MotoE
    • Rally1
  • Photos
  • Videos

© 2022 EVMagz - Electric Vehicles magazine by EVmagz.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Go to mobile version
Hey Friend! Get the latest electric vehicles news straight into your inbox!

Don't worry, we don't spam

Close this popup