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Daimler preps Alabama plant for EV push

Sep. 21, 2017 7:09 AM ETMercedes-Benz Group AG (MBGAF) StockMBGAFBy: Clark Schultz, SA News Editor1 Comment
  • 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.

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