Mercedes-Benz unveils the EQC to kick off $12 billion electric offensive

Mercedes-Benz unveiled Tuesday the EQC, an all-electric crossover that kicks off the German automaker’s plans to invest more than $12 billion to produce a line of battery-powered models under its new EQ brand. The automaker plans to invest another $1.2 billion in global battery production, Daimler AG Chairman and Mercedes-Benz CEO Dieter Zetsche said. The Mercedes EQC, which is expected to go on sale in the U.S.

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