FRANKFURT (Reuters) - Daimler (DAIGn.DE) plans to invest 35 billion euros (£31.1 billion) in its German plants over the next seven years to fund projects in electromobility and mobility services, it said. A spokesman for the German automaker confirmed the investment figure published earlier on Monday by the works council. “Focus of the investments would be electromobility and mobility services as well as innovation areas (such as) connectivity and autonomous driving,” the works council said. Reporting by Ilona Wissenbach; Writing by Andreas Cremer; Editing by Maria Sheahan
Daimler said it plans to invest € 35bn ( $ US ) in its German facilities over the next five years , focusing on " electromobility and mobility services , as well as autonomous and autonomous driving " .