Mercedes-Benz invests €500 million to make compact EQ electric car at Hambach factory

Mercedes-Benz Cars is expanding its capacities for electric cars in Europe. Daimler will invest 500 million euros ($589 million) into its plant in Hambach, France, to start producing a compact electric car of the new product and technology brand EQ. The new EQ electric model will be built alongside battery-powered version of the Smart fortwo. […]