Mercedes-Benz will drop 500 million Euros to develop EV in France

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Jul 31, 2017
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The Hambach site in France features many years of experience in building fully electric cars. We want to take advantage of the enormous expertise and prepare the plant for the production of an electric Mercedes-Benz. We are investing a total of around 500 million euros in the Hambach plant and in the product. It is now paying off for our employees that they already contributed to a significant improvement in the competitiveness of the Hambach site two years ago with the 'Pacte 2020'”, says Dr. Annette Winkler, Head of smart. The ‘Pacte 2020’, which was adjusted with the workforce in 2016, includes an increase in working hours from 35 to 39 hours and a salary adjustment.

http://media.daimler.com/marsMediaSite/en/instance/ko/Investment-of-around-500-million-euros-Mercedes-Benz-to-produce-electric-compact-car-at-Hambach-plant-in-France.xhtml?oid=40414360
 
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