Mercedes Plots $1 Billion Tesla Attack

Mercedes Plots $1 Billion Tesla Attack

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Business

University

Hard

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The transcript discusses the Tuscaloosa plant's role in producing EQ branded vehicles and establishing battery production. It highlights the growth in the electric vehicle sector, aiming for 50 electrified vehicles by 2022 as part of a global strategy. The plant's capacity has increased from 60,000 to over 300,000 units annually, making it a significant player in the global network with potential for further growth. The company is committed to the location in Alabama for the long term, confident in market growth due to the country's large infrastructure and population.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Tuscaloosa plant in the global network?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the company's plans regarding exports from the Tuscaloosa location?

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