Mercedes Benz CEO: company would need roughly 8 gigafactories worldwide to go close to full electrification

PARIS (Reuters) - Mercedes-Benz would need at least 200 GWH battery capacity or roughly 8 gigafactories worldwide to go close to full electrification, the company's CEO Ola Kallenius told Reuters.

"Whereas we cannot exactly foresee the market (…) if you do the math on Mercedes, if you want to go close to full electrification, we need, as Mercedes worldwide, minimum 200 GWh, we made the calculation that, just roughly, that should be around for us 8 gigafactories around the world," he told Reuters.

(Reporting by Gilles Guillaume; Editing by Tassilo Hummel/Sudip Kar-Gupta)