Mercedes-Benz Announces $1B North American EV Charging Network

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Mercedes-Benz Announces $1B North American EV Charging Network
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Mercedes-Benz announced Thursday it plans to build 2,500 electric vehicle charging stations in North America by 2027. See potential bias and similarities in coverage from TheVerge, DailyMail, and WSJ:

Mercedes-Benz announced Thursday a $1 billion investment in electric vehicle charging stations across North America, with plans to install 2,500 EV chargers in North America by 2027 before expanding to China and Europe. The investment is split between Mercedes-Benz and MN8 Energy, a solar energy and battery storage operator.

” Källenius stated that for Mercedes-Benz, the EV infrastructure development is “a strategic decision to really put our money where our mouth is and back up the direction that we’re already taking over the last few years, pivoting towards electric and putting the company in a position by the end of this decade to be able to serve markets with an all-electric lineup.”Mercedes-Benz aims to phase out gasoline vehicles by the end of the decade.

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