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Mercedes-Benz to Lead New UK-Germany EV Technology Project

MT Newswires·12/03/2025 05:29:26
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05:29 AM EST, 12/03/2025 (MT Newswires) -- Mercedes-Benz Group (MBG.F) is set to lead a joint project between Germany and the UK for electric vehicle technology worth 20 million pounds sterling in the UK. The UK government said in a Wednesday release that it has committed 10 million pounds to the project, which is based on the Mercedes F1 car power unit technology. The government said the project is expected to add more than 150 new jobs in Northamptonshire and Oxfordshire.