Tags: mercedes benz | electric vehicle

Mercedes' Full Electrification Requires 8 Gigafactories

Mercedes' Full Electrification Requires 8 Gigafactories
Ola Kallenius, CEO of Mercedes-Benz addresses the media at company headquarters in Stuttgart, Germany, Feb. 17, 2023. (Daniel Roland/Getty Images)

Tuesday, 30 May 2023 11:54 AM EDT

Mercedes-Benz would need at least 200 GWH battery capacity or roughly 8 gigafactories worldwide to go close to full electrification, the company's CEO Ola Kallenius told Reuters.

"Whereas we cannot exactly foresee the market … if you do the math on Mercedes, if you want to go close to full electrification, we need, as Mercedes worldwide, minimum 200 GWh. We made the calculation that, just roughly, that should be around for us 8 gigafactories around the world," he told Reuters.

© 2025 Thomson/Reuters. All rights reserved.


StreetTalk
Mercedes-Benz would need at least 200 GWH battery capacity or roughly 8 gigafactories worldwide to go close to full electrification, the company's CEO Ola Kallenius told Reuters.
mercedes benz, electric vehicle
80
2023-54-30
Tuesday, 30 May 2023 11:54 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved