Mercedes-Benz Cars is expanding its production capacities for electric cars in Europe. The Hambach plant in France, which currently produces smart brand electric vehicles, will produce a compact electric car of the new product and technology brand EQ. Mercedes-Benz Cars plans to launch more than ten electric cars by 2022 throughout all segments, from smart to large SUVs. The company assumes that unit sales of electric models will represent a share of somewhere between 15 and 25 percent of total Mercedes-Benz sales by 2025. From 2020, the brand smart will only offer electric vehicles. Thereby, smart will be the first automotive brand of the world, which completely changes from combustion engines to electric drives. 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. […]