Daimler plans to assemble electric Mercedes-Benz vehicles in Alabama

Daimler AG plans to invest $1 billion in an Alabama factory to manufacture Mercedes-Benz electric vehicles, an article on the Bloomberg website said.

The project will create approximately 600 jobs, a release from the automaker said, according to the article. The Alabama plant will assemble electric SUVs and will be the first European car maker to assemble electric vehicles in this country, the article said.

“We’re celebrating our 20th anniversary at our production facility in Tuscaloosa, Alabama, and we’re taking this as an opportunity to expand the operation and further fuel growth,” production chief Markus Schaefer said in an interview on Bloomberg TV, according to the article. “We’re very confident for future growth in the U.S. in the long-term. ”

Mercedes-Benz showed off a new electric hatchback at the Frankfurt auto show recently and plans to add electric versions of all of its car models.