Mercedes-Benz break ground for electric vehicle manufacturing site
The Daimler subsidiary, Merceded-Benz, has broken ground at its new electric vehicle manufacturing facility in the US.
The German automaker is developing a battery production site in Bibb County, Alabama.
The manufacturing site will be an addition to the firms existing operations in the state – Mercedes-Benz has a vehicle production facility in Tuscaloosa.
The firm previously announced plans in 2017 to invest US$1bn into its electric vehicle operations in Bibb County.
“The widely export oriented Mercedes-Benz plant in Tuscaloosa is a high-tech production facility with a successful history and an exciting future in terms of our brand in the United States,” stated Markus Schäfer, Member of the Divisional Board of Production and Supply Chain at Mercedes-Benz Cars.
“We aim to play a pioneering role in the development of e-mobility and are well prepared to accomplish this mission.”
“One year ago, we have announced $1 billion investment in Tuscaloosa mostly for the production of electric SUVs and a battery plant. We are bringing electric mobility for Mercedes-Benz to the United States.”
“Around the globe, we are preparing six sites for production of EQ models and our battery network will consist of eight factories.”
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.