- Daimler (OTCPK:DDAIF) plans to invest $1B in a plant in Alabama as it prepares the facility for production of electric SUVs in the future.
- The new SUV is expected to be sold under the Mercedes-Benz EQ subbrand.
- On a global scale, Daimler aims to have electric versions of all its Mercedes models by 2022.
Daimler preps Alabama plant for EV push
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