BERLIN — Mercedes-Benz will double production capacity for electric motors to 1 million units at its Untertuerkheim plant in Germany, which has traditionally focused on combustion engines, the automaker said in a statement.
The announcement confirmed an earlier report in Germany’s WirtschaftsWoche magazine.
Mercedes‘ management and works council struck an agreement on restructuring the site in southwestern Germany, which also foresees a 20 percent reduction in fixed costs by 2025 compared with 2019 and workforce cuts, the report said on Tuesday, citing company sources.
This article was originally published by Autonews.com. Read the original article here.
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