The group has one small battery factory in Kamenz (Saxony) with 350 employees which has been producing lithium-ion batteries since 2012. This plant will be expanded by a second one and a total of €500m will be invested.
At the same time, employees in Stuttgart, where most of Daimler’s employees are located, argue that batteries have to be manufactured there as well. These employees concentrate on combustion engines today and see demand falling in the future. As a result, they see employment fa ....
06 Dec 2016
Where will Daimler build the batteries?
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Where will Daimler build the batteries?
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
06 Dec 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group has one small battery factory in Kamenz (Saxony) with 350 employees which has been producing lithium-ion batteries since 2012. This plant will be expanded by a second one and a total of €500m will be invested.
At the same time, employees in Stuttgart, where most of Daimler’s employees are located, argue that batteries have to be manufactured there as well. These employees concentrate on combustion engines today and see demand falling in the future. As a result, they see employment fa ....