Mercedes-Benz To Spend $47 Billion To Speed Conversion To Electric-Only Lineup

The reallocation will also mean a reduction in employment because electric vehicles have fewer parts. Mercedes-Benz will retrain some workers and offer early retirement buyouts to others.

Source: https://www.forbes.com/sites/greggardner/2021/07/22/mercedes-benz-to-spend-47-billion-to-speed-conversion-to-electric-only-production/

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