Mercedes modernizing EV plants in China, Germany, Hungary,

Robert Besser
21 Mar 2023, 15:14 GMT+10

As part of its efforts to switch to selling electric vehicles (EV), Mercedes plans to invest billions of dollars to modernize its plants in China, Germany and Hungary over the coming years.
Depending on market conditions, it will be ready to sell electric autos by the end of the this decade, where market conditions allow, Mercedes said.
The modernization aims to cut energy and water consumption, as well as the reliance of the painting system on gas.

FRANKFURT, Germany: The German Automobilwoche magazine has reported that as part of its efforts to switch to selling electric vehicles (EV), Mercedes plans to invest billions of dollars to modernize its plants in China, Germany and Hungary over the coming years.

Depending on market conditions, it will be ready to only sell electric autos by the end of the this decade, where market conditions allow, Mercedes said.

"We are investing a three-digit million amount per plant for the run up," the company's production manager, Joerg Burzer, said, noting that these investments will be at the plants in Beijing, Rastatt in Germany and Kecskemet in Hungary, as quoted by the Associated Press.

He added that beginning in 2024, the company's Rastatt plant will produce the first model of the compact vehicle platform MMA, and the number of models produced will be cut to four from seven.

The German automaker will also modernize the painting systems at its Sindelfingen, Bremen and Rastatt plants in Germany, by making a low single-digit billion dollar investment.

The modernization aims to cut energy and water consumption, as well as the reliance of the painting system on gas, as opposed to carbon-free energy, the Automobilwoche report.

To benefit from US government subsidies under last year's Inflation Reduction Act, Mercedes could also expand its US plant in Tuscaloosa, the report added.

Mercedes is prepared to deal with further changes in the regulatory environment, Burzer noted, stating, "The framework conditions worldwide change again and again, we may have to react to that."

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Pennsylvania Sun.

More Information

63 ℉

Fair in Harrisburg/Capital

International

Section

Georgian billionaire wins $926 million from Credit Suisse in fraud

ZURICH, Switzerland: In one of the largest legal awards ever against Credit Suisse, the bank was ordered to pay $926 ...

China, South Korea seek to expand cooperation in chip sector

DETROIT, Michigan: Amid broader global concerns over semiconductor chip supplies, sanctions and national security, Chinese commerce minister Wang Wentao said ...

US Air chief General Charles Brown to become Chairman of Joint Chiefs

WASHINGTON D.C.: The White House announced this week that President Joe Biden has chosen US Air Force chief General Charles ...

Typhoon Mawar strikes Guam, much of island without power, water

GUAM: After Typhoon Mawar brought strong winds and torrential rains, large areas of the US Western Pacific territory of Guam ...

US government, business warned of Chinese spying on infrastructure

NEW YORK CITY, New York: In one of the largest known Chinese cyber-espionage campaigns against American critical infrastructure, a state-sponsored ...