Mercedes-Benz opens new R&D centre in Shanghai By Reuters

© Reuters. FILE PHOTO: Dust particles blown from the Sahara to Europe are seen on the bonnet of a Mercedes-Benz car after a rainfall in Zurich, Switzerland March 16, 2022. REUTERS/ArndWiegmann

SHANGHAI (Reuters) -Germany’s Mercedes-Benz Group AG said on Friday it has opened a research and development (R&D) centre in Shanghai that will focus on mobility technology.

The centre, its second R&D facility in China, will work in tech fields such as connectivity, automated driving and big data, the company said in a statement.

Mercedes-Benz did not elaborate on the size of its investment in the new tech centre, nor how many engineers it plans to eventually hire for the new location.

It said in the statement it is “aiming to attract hundreds of new tech talents”.

The establishment of a new Shanghai tech centre follows a move last year by the German premium carmaker to significantly upgrade its R&D capabilities in Beijing, by opening a new R&D facility in China’s capital.

With 1,000 engineers, the new Beijing tech facility is more than three times the size of the one Mercedes-Benz opened in 2014, and the first outside Germany that is more “on par” technically with the firm’s far bigger R&D headquarters near Stuttgart, a person close to the centre said at the time.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*