Mercedes plans to build a battery factory with a Chinese company

The German automobile company, immersed in the development of a whole range of electric vehicles, has confirmed the rumor that its next generation of vehicles could be powered by batteries produced in the province of Cáceres, Spain. They would be signed by the Chinese company Envision AESC, which has already been granted a total of 300 million euros in aid for the industrialization of the area.

The multinational of Asian origin has partnered with Mercedes-Benz for the production of electric vehicles in different parts of the world. One of its production points is expected to be located in the Extremaduran town of Navalmoral de la Mata, in Cáceres. In favor of this location, Mercedes-Benz’s Local for Local strategy plays a role, which aims to produce this type of component in the surroundings of its vehicle assembly plants. In Spain, it has a plant located in Vitoria, Álava, and its location in the town of Cáceres would fall within the standards of the German brand.

Mercedes-Benz and its electrical project

As published by  El Confidencial, Envision AESC has already received approval to access the grant of European PERTE funds, which are focused on the development of the electric automobile industry. The Chinese company will receive 200 million euros in subsidies and another additional 100 million as a form of loan. The total investment will be 1,312 million euros.

Among other points, Envision hopes to provide more than 3,000 direct and 12,000 indirect jobs thanks to the construction of its factory in Navalmoral de la Mata, something that has been supported by the political arm of the region. Specifically, it has been César Ramos, speaker of the Transport, Mobility and Urban Agenda Commission, who has been very close to this project and everything that revolves around it.

Merccedes EQE SUV

In addition to the construction of the battery plant in Cáceres, Envision AESC also hopes to build a plant for the production of green hydrogen in Alcázar de San Juan, Ciudad Real, and another for the assembly of wind turbines in Las Navas del Marqués, Ávila. In total, the investment could be around 3.8 billion euros, in addition to providing tens of thousands of jobs in their respective areas.

With this, Envision AESC would carry out the production of its batteries in the Extremaduran factory to subsequently be sent to the Vitoria plant where the firm currently assembles models such as the Vito or the V-Class. In 2025, Mercedes plans to incorporate a new electric model into the factory, a mid-size van that is yet to be confirmed. However, Envision batteries would not only supply this Basque plant but would also do the same for other nearby ones in European territory.

Elenor Kling

A tech lover and generally a car enthusiast who likes to do a lot of research and share knowledge.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button