Mercedes to invest $1 billion to build electric SUVs, batteries in Alabama: report

Mercedes-Benz Generation EQ concept, 2016 Paris auto showDaimler, the parent company of Mercedes-Benz, is expected to announce that it will invest up to $1 billion to build electric SUVs and batteries in and around its Alabama assembly plant. The plans, first reported reported Thursday in The Wall Street Journal (paywalled), represent a major expansion of electric-car manufacturing in the U.S. So far...