INTERNATIONAL - Daimler-owned Mercedes-Benz Cars will start producing electric batteries in Jawor, Poland, the Polish Prime Minister Mateusz Morawiecki said on Tuesday, as the company looks to ramp up its investments into electric batteries in the coming decade.
“We are very happy that an investor that has been with us for a few years has entrusted us again and in the same place in Jawor,” Morawiecki said at a press conference, according to public news channel TVP.
Daimler is already building a plant to produce engines in Jawor.
Mercedes-Benz Cars board member Markus Schafer told the conference that the new investment would create 300 jobs and that investments would total over 200 million euros.
Daimler will buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles, the company said in December.