To this end, the company is investing about 100 million euros over the next five years in the traditional production of internal combustion engines.
The production capacity in Nuremberg is planned to be expanded to more than 100,000 batteries per year. The company explained that investments in the development of battery production will provide 350 promising jobs in the future. This decision gives the location in Nuremberg a clear future perspective.
Initially, the batteries will be hand-produced at the MAN plant in Nuremberg in small batches over a period of approximately two and a half years. The start of construction of a large production facility is scheduled for mid-2023, and its completion is scheduled for the end of 2024. In this way, the company is laying the foundation for the large-scale industrialization of electric drives for trucks and buses. The commercial vehicle manufacturer receives support from the state government of Bavaria, which has announced about 30 million euros for the period from 2023 to 2027 for the development of research and technology in the field of energy. The funds will be used for research in battery assembly, cell chemistry and development, battery safety, and battery recycling.